Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Standard Group profit down 8 pct in the first half

25 August 2014, 13:39

Nairobi - Media firm Standard Group on Monday posted an 8-percent drop in pretax mid-year profit to 205 million shillings ($2.32 million).

The publisher of Kenya's second-largest daily, The Standard, operator of KTN TV and a radio station, blamed the year-on-year fall in profit on provisions for bad debts in its magazine distribution business.

The company said it was optimistic about achieving higher earnings in the second half.

Revenue rose 1.5 percent to 2.37 billion shillings buoyed by a 50 percent rise in income from its radio business and an 82 percent jump from its digital assets. Print advertising income grew 12 percent while income from television slipped to 380 million shillings, the company said.

- Reuters

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Shakila Alivitsa
Dating that one person that socie...

Works at a massage parlour. Works at Millionaires Club (that one on Baricho road) - you know the ones I am talking about. Read more...

Submitted by
Shakila Alivitsa
Submitted by
Shakila Alivitsa
What do men mean when they say th...

As much as men think they are the ones confused by relationships, they have a better idea of it than most women actually do. Read more...

Submitted by
Wilson Ochieng
Ruto urges African leaders to shu...

DP William Ruto has called on African nations to shun help from western forces, saying that they can solve their own problems. Read more...

Submitted by
Victor Tinto
Don't be corrupt like your elders...

Shun corruption at all costs, President Uhuru Kenyatta urges Kenyan youth. Read more...

Submitted by
Victor Tinto
Senators order PS to resign over ...

The Senate Health Committee has told Health PS Nicholas Muraguri to resign over the unaccounted for KES 5 billion. Read more...