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Standard Group 2011 Results
dunkang
#1 Posted : Wednesday, April 04, 2012 10:30:38 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831

Quote:

........... achieved mixed results in its financial results for the full-year ending December 31, 2011, with the print business maintaining a sustained growth, while the broadcast side went through a challenging phase.

According to the results released yesterday, the print business grew by 15 per cent last year compared to 2010 with the circulation revenues rising by 16 per cent and advertising revenues growing by eight per cent....

...Profit after tax attributable to equity holders of the parent company reduced to Sh219 million from Sh249 million in 2010.

However, the Group’s financial base continued to strengthen with the total assets now standing at Sh3.51 billion while shareholders equity stood at Sh1.6 billion.


I thought i had warned that the Billions of Shillings Safaricom was spending on Adverts have been drastically reduced!

Scangroup, NMG to follow suit in upcoming results declarations!
Receive with simplicity everything that happens to you.” ― Rashi

jerry
#2 Posted : Wednesday, April 04, 2012 10:40:59 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
Do the shareholders take home anything?
The opposite of courage is not cowardice, it's conformity.
mkeiyd
#3 Posted : Wednesday, April 04, 2012 11:06:06 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 1,182
dunkang wrote:



Scangroup, NMG to follow suit in upcoming results declarations!


I thought NMG already reported with good numbers on that front. Scan group increased it market share and the money spent on ads grew too.

Maybe Standard woes are as peculiar as those of Total [K], compared to KK.
FUNKY
#4 Posted : Wednesday, April 04, 2012 11:15:25 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Scangroup have already confirmed they are going to post strong results.
dunkang
#5 Posted : Wednesday, April 04, 2012 11:23:23 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
Sorry friends, i forgot to give you the link. The link is
http://www.standardmedia...14&j=&m=&d=

On NMG and ScanGroup, i meant, their No. 1 'advertiser' reduction of airtime on radios, billboards and Television will have a NEGATIVE result in their 'subsidiaries' involved in affected areas, e.g. Standard Group Broadcast was heavily INJURED but were salvaged by circulation of papers and increasing cost!

BTW, Gazeti imeongezwa bei from 35/- to 50/- since SAFCOM declared their intentions, au sio?
Receive with simplicity everything that happens to you.” ― Rashi

ProverB
#6 Posted : Wednesday, April 04, 2012 11:37:23 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
dunkang wrote:
BTW, Gazeti imeongezwa bei from 35/- to 50/- since SAFCOM declared their intentions, au sio?


seems business daily isn't a premier daily anymore..now that all cost the same..or it will be adjusted upward soon uh?
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
youcan'tstopusnow
#7 Posted : Wednesday, April 04, 2012 11:48:35 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
ProverB wrote:
dunkang wrote:
BTW, Gazeti imeongezwa bei from 35/- to 50/- since SAFCOM declared their intentions, au sio?


seems business daily isn't a premier daily anymore..now that all cost the same..or it will be adjusted upward soon uh?

It's a good read, though riddled with schoolboy errors on an almost daily basis. Who is the editor?
GOD BLESS YOUR LIFE
mkeiyd
#8 Posted : Thursday, April 05, 2012 9:19:39 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 1,182
FUNKY wrote:
Scangroup have already confirmed they are going to post strong results.


Share that info if you don't mind.
FUNKY
#9 Posted : Thursday, April 05, 2012 9:33:15 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
It was in the Business Daily this week. I do not remember which day exactly.
mkeiyd
#10 Posted : Thursday, April 05, 2012 10:08:05 AM
Rank: Veteran


Joined: 3/26/2012
Posts: 1,182
The one that talked of talent being tapped? Maybe i missed something,i will dig it up.
Thank you.
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