Longhorn Publishers narrowed its net loss by 28.3 percent in the six months to December 2024 as the company cut costs aggressively in response to a plunge in sales.
The firm’s net loss contracted to Sh148.6 million in the review period from Sh207.4 million a year earlier. Longhorn slashed its cost of sales to Sh165.8 million from Sh458.7 million as revenue fell by 46.9 percent to Sh525.8 million from Sh278.8 million.
