NAIROBI, Kenya, June 10-NSE listed company Longhorn Publishers has issued a profit warning for its financial year ending June 30, 2020. The Board Chairperson Longhorn Publishers’ FT Nyammo on Tuesday linked the expected reduced earnings on the closure of schools owing to the coronavirus pandemic that has disrupted the business. “The COVID-19 crisis and the […]
Tag: longhorn publishers
Longhorn issues profit warning as virus bites
Longhorn Publishers CEO Maxwell Wahome. PHOTO | DIANA NGILA | NMG Longhorn Publishers #ticker:LKL has issued a profit warning for the year ending this month, preparing investors for a fall in earnings for the first time in five years on account of disrupted learning caused by Covid-19. The firm says the pandemic and the related […]
Sameer Africa External Auditor KPMG Resigns As Company is Accused of Dirty Deals With Gov’t
Sameer Africa External Auditors KPMG have resigned, even as the company faces a bleak future following reduced revenues occasioned by mismanagement. The move was announced by company secretary Edgar Imbamba, who said the board had appointed RSM Eastern Africa LLP to fill the void. “This is to notify you that following the resignation of the […]
How Centum managed to push profit 27% up-to Ksh2.07 billion
NAIROBI, KENYA, NOVEMBER 27 — Investment firm-Centum has posted a 27.5 per cent jump in after tax profit for the six months period ended September 30. The Group recorded a consolidated net profit of Ksh2.07 billion up from Ksh1.63 billion it had a similar period in the prior year, on the back of a strong […]
Longhorn Publishers record Kes1.7Bn in profits
Longhorn Publishers Monday announced a 17 per cent jump in revenues to Kes1.69 billion compared to Kes1.45 billion the company reported in the previous year turnover. The publishers’ profit after tax for the year ended 30 June 2018 rose by 37 per cent to Kes 183 million up from Kes 133 million last year. Longhorn […]
Kenya: Longhorn Publishers Records 37 Percent Full-Year Profit Growth On Strategic Plan
Nairobi, Kenya — Longhorn Publishers (Plc) has recorded a 37.1 per cent growth in profit for the year ended June 30, 2018, buoyed by the company’s four year strategic plan initiated in 2015. The Nairobi Securities Exchange listed publisher has posted a Ksh183.6 million net profit for the year, up from Ksh133.9 million reported the […]
Book maker bets on digitising texts to grow market share
Longhorn Publishers managing director Maxwell Wahome during the release of the company’s full year result in Nairobi Yesterday/ ENOS TECHE Longhorn Publishers intends to go full force on e-learning as it eyes to expand into new territories within Southern Africa and Francophone territories in the next three years. The NSE listed firm has set aside […]