KEY POINTS The top gainer of the day was Eveready East Africa with 8.25 percent at the price of 1.05 shillings per share. Jubilee Holdings gained 5.36 percent at the price of 368.75 shillings per share. The top gainer of the day was Eveready East Africa with 8.25 percent at the price of 1.05 shillings […]
Longhorn Publishers has posted KSh 7.5 million in net profit Sale of CBC books has also pushed the company to profitability This comes even as the Ministry of Education clashes with parents over implementation of CBC Centum Investment’s subsidiary Longhorn Publishers has recorded improved performance for the year ended June 2021, posting KSh 7.5 million […]
NAIROBI, Kenya, Sep 19-Longhorn Publishers reported a profit after tax of Sh7.48 million in the first six months of 2021. The group through a statement said the results were a significant improvement from the Sh225 million loss it recorded over a similar period last year. In the period under review, Longhorn recorded an Sh1.24 billion […]
Longhorn Publishers #ticker:LKL has swung back to profit riding on increased sales following the reopening of schools after easing of Covid-19 lockdown measures. The publisher posted Sh7.5 million net profit for the full year to June this year, recovering from Sh226 million loss in 2020. The return to profitability came as revenues rose by 16.5 […]
Mabati Rolling Mills (MRM) has rolled-out a project to help disadvantaged students in informal settlements improve their academic performance through the Eneza Education platform . The steel solutions provider has committed to link up 40 students from Kibera Slums to Eneza Education, an interactive SMS based platform that allows primary and secondary school learners access […]
Centum says the Two Rivers Development could be a financial hub, business and residential district of choice. PHOTO | FILE Regional investment firm Centum is seeking to sell part of its shareholding in the Two Rivers Development Company (TRDC) Ltd to retire a Ksh4 billion ($37.03 million) short-term debt whose repayment is taking a toll […]
Regional investment firm Centum is seeking to sell part of its shareholding in the Two Rivers Development Company (TRDC) Ltd to retire a Ksh4 billion ($37.03 million) short-term debt whose repayment is taking a toll on its finances. Chief executive James Mworia told The EastAfrican that the proportion of shares to be surrendered to the […]
CENTUM INVESTMENT COMPANY LIMITED CHIEF EXECUTIVE OFFICER JAMES MWORIA SPEAKS DURING THE BELL RINGING TO COMMENCE TRADING FOR LONGHORN PUBLISHERS AT THE NSE IN NAIROBI ON MAY 31, 2016. FILE PHOTO | NMG Centum Investment Group #ticker#CTUM has put on hold plans to buy stakes in companies and is shifting money in government bonds to […]
Centum Group CEO James Mworia during a past investor briefing/ Low business at Two Rivers and Longhorn Publishers saw investment firm Centum sink into a historic annual loss in the year ended March 2021. The firm’s audited results released Tuesday shows interest in the capital market, real estate, education and manufacturing reported a loss of […]
The Dr Chris Kirubi majority-owned Longhorn Publishers has been ordered to pay two authors Sh35 million for books the government bought in bulk from the company, which then refused to remit royalties to two authors. The writers, Dr Stephen Mburu and Dr Geoffrey Chemwa, had sued Longhorn, where Dr Kirubi was a shareholder. And arbitrators, […]
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