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Digital ramp-up still key to SPH's medium term success, says OCBC

Michelle Zhu
Michelle Zhu4/12/2018 11:36 AM GMT+08  • 2 min read
Digital ramp-up still key to SPH's medium term success, says OCBC
SINGAPORE (Apr 12): OCBC Investment Research is maintaining its “hold” with a slightly higher fair value of $2.52 from $2.51 previously, after adjusting its assumptions upwards for bottom-line growth contributions from the property segment.
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SINGAPORE (Apr 12): OCBC Investment Research is maintaining its “hold” with a slightly higher fair value of $2.52 from $2.51 previously, after adjusting its assumptions upwards for bottom-line growth contributions from the property segment.

This comes after SPH’s 2Q18 results came in largely in-line with expectations, with 2Q PATMI down 24.9% on-year to $40.2 million and an interim dividend of 6 cents declared, unchanged from a year ago.

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