×
The Standard e-Paper
Stay Informed, Even Offline
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
NAIROBI, KENYA: Kenyan car retailer CMC Holdings posted a 59 percent drop in half-year pretax profit, blaming it on low demand in the period before the east African country's presidential elections in early March.
The firm, which has exclusive distribution rights for Ford in local and regional markets, said profit fell to 221 million shillings ($2.6 million) in the six months to March 31.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join