Express Kenya PLC reduced its half-year net loss to KSh 42.9 million in June 2025, an improvement from KSh 54.1 million in 2024, despite a drop in revenue and worsening gross loss. The logistics firm is strategically pivoting to real estate through a KSh 13 billion diversification plan to counter ongoing financial pressures.

• Net loss narrowed by 20.7% to KSh 42.9 million, aided by a KSh 16.7 million tax credit.
• Express Kenya PLC is launching Project Nexus, a KSh 13 billion mixed-use real estate development in Nairobi, to diversify revenue streams.
• Revenue decreased by 6% to KSh 12.8 million, and shareholders’ funds fell by 21% to KSh 369 million, while borrowings increased by 9% to KSh 388 million.