Singapore Press Holdings, which makes property investments and publishes newspapers, has reported a loss of $83.7 million for the full year ended 31 August 2020 (FY20), reversing earnings of $213.2 million a year ago.

Revenue for the same period was down 9.8% y-o-y to $865.7 million. Its media business suffered a 22.8% y-o-y decline to $445.2 million. Operating earnings for the year came in at $110.3 million, down 41% y-oy.

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