×
The Standard e-Paper
Fearless, Trusted News
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.
Even a profit warning could not have prepared investors in Centum Investment for the shock results as profits plummeted 67 per cent.
Centum, which is majority-owned by businessman Chris Kirubi, saw its net profits for 2018 plummet to Sh2.7 billion, down from a towering Sh8.1 billion last year, a result the company largely blames on late closing of the sale of GenAfrica.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join