Publishing giant Singapore Press Holdings on Monday reported a 14.1 percent year-on-year rise in net profit for the first quarter ending in November. Net profit for the three months ending November 30 rose to 112.3 million dollars (73 million US) compared with 98.4 million dollars a year earlier, the company said. Revenue from the company's main newspaper and magazine operations rose 2.6 percent to 241.5 million dollars, driven mainly by an increase in print advertising and circulation revenues, it said. The 14 Singapore newspapers published by the firm in four languages include the English-language The Straits Times. Revenue in the company's property sector rose 7.0 percent to 25.6 million dollars, it said. SPH owns and manages Paragon, a retail and office complex in the prime Orchard Road area, and is developing an upmarket condominium. AFP; January 8, 2007