Longhorn first-half profit jumps 96 percent

Book publisher Longhorn Kenya Ltd said on Friday its first-half pretax profit nearly doubled, helped by higher book sales.

The company that specialises in text books for schools said its pretax profit for the first-half ended December rose to 97.5 million shillings ($958,702) from 49.7 million shillings a year earlier.

Revenue rose 57 percent to 831.4 million shillings, it said.

By AFP 3 hrs ago
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