NATION MEDIA GROUP POSTS A TAX LOSS OF 41.7 MILLION FOR THE FIRST HALF OF 2025

The Nation Media Group (NMG) has announced its unaudited financial results for the first half of 2025 (for the six months to June 30, 2025). The company reported a loss of Ksh 41.7 million after tax. Despite this loss, the performance is a significant improvement from the Ksh 152.2 million loss recorded during the same period in 2024.
Nation Media Group’s turnover for the period decreased by 5.7% to Ksh 3 billion. Total assets also saw a slight decline, dropping by 1.5% to Ksh 7.4 billion.
Earnings per share (EPS) improved from a loss of Ksh1.5 in the previous year to a loss of Ksh0.3 in the current period, reflecting the company’s efforts to manage operational costs and boost financial performance.
The directors, in their statement, attributed the group’s performance to continuous product innovation and organizational transformation.
They noted an improvement in operating performance, resulting in a 49% reduction in operating loss, from Kshs 95.8 million in the first half of 2024 to Kshs 48.7 million in the current period.
“The Group’s sustained focus on product innovation, organizational transformation, and process efficiency continued to drive improvements in operating performance, resulting in a 85.9% reduction in the Group’s operating loss before income tax for the six months ending 30th June 2025, to Kshs 48.7 million from a loss of Kshs 345.8 million incurred over the same period last year,” said the Directors.