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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.
Kenyan book publisher Longhorn said on Friday its pretax profit for the full year to June dropped 34 percent to 96.92 million shillings ($919,545), hurt by falling revenues due to slowed performance of its Ugandan and Tanzanian subsidiaries.
The company, which also operates in Malawi, Zambia and Rwanda, said in a statement its sales fell to 848.4 million shillings from 1.4 billion shillings in the full year to June 2014.
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