Standard Group Narrows HY Loss ahead of KSh 1.5Bn Rights Issue

Standard Group reported a HY net loss of 133 Mn, revenue down 25%, pursues a KSh 1.5 Bn rights issue to fund recovery and digital growth...
✨ Key Highlights
Standard Group PLC has reported a narrowed net loss of KSh 133 million for the first half of 2025, down from KSh 200 million in the previous year, despite a 25% drop in revenue. The media company is pursuing a KSh 1.5 billion rights issue to recapitalize its business and fund digital expansion.
- Standard Group PLC's net loss for HY 2025 narrowed to KSh 133 million from KSh 200 million, while revenue dropped 25% to KSh 789 million.
- Chaacha Mwita was appointed Acting CEO in July 2025, replacing Marion Gathoga-Mwangi, as part of the company's turnaround strategy.
- The company's operating costs fell by 26% to KSh 879 million, and it plans a KSh 1.5 billion rights issue to restructure debt and fund digital growth.
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