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The Standard Group Plc is a
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NAIROBI, KENYA: Centum investment has recorded a drop in its full-year net profits to Sh2.7 billion from Sh8.2 billion in 2017 mainly due to lower property valuation gains and tough business environment in 2017.
The Company’s full-year pre-tax profit dropped 64 per cent to Sh3.15 billion hurt further by a delay in recognising gains from the sale of one of its businesses.
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