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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.
TPS Eastern Africa has swung into a pre-tax profit of Sh325.3 million ($3.15 million) in 2016 from a loss of Sh211 million the year before.
This was helped by higher revenues and a jump in its core profit. Earnings before interest, tax, depreciation and amortisation jumped 78 per cent to Sh983.64 million, while revenue rose to Sh6.47 billion from Sh6.19 billion.
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