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• Revenue: -20.4% (3Q11), -13.8% (9M11)
• Net Profit: -30.2% (3Q11), -30.8% (9M11)
  
• Outlook: The near-term outlook of the Singapore economy remains positive barring escalation of downside risks in the macro environment.
• The Group’s print advertisement revenue is expected to move in tandem with the performance of the Singapore domestic economy.
• Newsprint prices are expected to continue on an upward trend due to cost pressures and a tighter regional market.
• Cognizant of the inflationary environment, the Group is committed to containing costs to mitigate the challenging conditions.
• The Clementi Mall officially opened in May and is now 100 per cent leased.
• Positioned as a contemporary suburban mall, it is poised to enjoy good catchment from the surrounding residential areas and tertiary institutions. Paragon remains fully leased and both malls are expected to contribute a steady stream of rental income.
• The Group continues to pursue and invest in new media, leveraging on opportunities arising from the rapid adoption of internet and mobile technology.
  
• The exhibitions business, which has delivered encouraging results, will further broaden its scope of consumer and trade shows as it strives to become a key player in this vibrant industry.
• Performance of the investment portfolio is expected to commensurate with its conservative allocation strategy and risk profile.
• Barring unforeseen circumstances, the Directors expect overall performance of the Group for FY 2011 to be satisfactory.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2011 321,414 290,902 332,887
2010 356,913 320,939 418,386 301,625 1,397,863
2009 343,020 289,496 331,182 351,267 1,314,965
2008 315,050 301,804 347,772 351,553 1,316,179
2007 274,188 253,653 290,998 353,603 1,172,442
2006 263,576 241,723 268,043 258,009 1,031,351
2005 267,934 236,849 261,894 249,548 1,016,225
2004 NA NA NA NA 981,428
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2011 102,287 75,416 114,817
2010 144,701 113,333 164,557 75,283 497,874
2009 73,007 87,048 126,725 135,101 421,881
2008 111,930 99,595 133,399 92,520 437,444
2007 110,537 106,265 158,020 126,076 506,161
2006 98,413 84,561 174,645 70,841 428,460
2005 220,705 95,961 96,672 74,982 488,320
2004 NA NA NA NA 546,282
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Dividends (SGD)

FY Interim Special Final Special
2011 0.07 NA
2010 0.07 NA 0.11 0.09
2009 0.07 NA 0.09 0.09
2008 0.08 NA 0.09 0.10
2007 0.07 NA 0.09 0.10
2006 0.07 NA 0.08 0.09
2005 0.0375 0.05 0.10 0.078
2004 0.2 NA 0.10 0.1125
2003 NA NA 0.3 0.5
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Bonus / Rights / Stock Split

Date Type Details
2004-06-08 Stock Split STOCK SPLIT OFFER OF 5 FOR 1
2004-06-08 Share Cancellation CANCEL SUBDIVSH SGD 3.6 NET OF TAX
2004-06-08 Share Cancellation CANCEL SUBDIVSH SGD 0.22
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Share Data (SGD)

NAV =$1.33
EPS = $0.18 (9M FY11)
No of Shares = 1,592,574,175