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Kenyan publisher Longhorn's profit up 16 pct in first-half

Kenyan book publisher Longhorn reported first-half pretax profit rose 16 percent as lower costs offset a drop in sales, it said on Friday.

Profit for the firm that specialises in text books for schools was 49.7 million shillings ($544,061) during the six months that ended December, up from 43 million shillings the previous year.

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