SPH reports $83.7m loss in FY2020 due to COVID-19

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No They recorded a non-cash fair value loss of $232m during the period. Singapore Press Holdings Limited (SPH) registered a net loss of $83.7m (US$61.5m) for FY2020, reversing the net profit of $213.2m (US$156.77m) last year, due to the COVID-19 business disruption. This was reflected in their non-cash fair value losses of $232m (US$170m) or 3.5% on the investment properties, including retail reduced by $196.5m (US$ 144.5m) and PBSA assets by $31.9m (US$23.5m). read more