Bermuda Press (Holdings) Limited (BPH) recorded a $200,000 loss for the first six months of its fiscal year.The company, which owns The Royal Gazette, printing company Bermuda Press, as well as retail and real estate interests, reported its unaudited interim financial results for the period, posting a net loss of $202,000, compared to an income of $11,000 for the same period last year.According to BPH’s interim financial results, the company experienced “sustained” challenges in the Bermuda economy and restructuring operations.“Management continue to reduce operating costs to offset the impact of declining revenues and the business plans are under constant review to ensure the operations are competitive in the future,” the statement reported.The results for the current six-month period include the consolidation of the eMoo Bermuda Ltd operations that were acquired on November 10, 2011. According to BPH, the company has now fully integrated these operations and can “now offer a broader complement of services to our customers”.In March 2012, BPH consolidated three divisions, Office Solutions, Bermuda Press and eMoo Bermuda, into one building at Addendum Lane.“In future periods cost savings will be made as a result of consolidating operational and administrative functions,” said the company. “Beginning April 1, 2012 we have secured a third-party tenant at Mills Creek property that will generate additional rental revenue.”Currently BPH has an occupancy rate of 95 percent for all of its properties, of which 49 percent is occupied by third parties.The dividend is currently being paid quarterly at a rate of ten cents per share and according to the company, it expects this rate to be maintained through the end of the financial year.