Nairobi, Kenya: Kenyan media company Standard Group Limited posted a 14 percent rise in full-year pretax profit on increased circulation and advertising, and was positive on this year's prospects after presidential election passed off peacefully.
The publisher of Kenya's oldest and second-largest daily, The Standard, and operator of KTN and Radio Maisha said profit rose to Sh265 million ($3.2 million) on revenue up 14 percent at Sh3.6 billion.