Kenya's oldest newspaper company is fighting for its financial life. The Standard Group, founded in 1902, is asking shareholders for fresh capital after its losses widened sharply in 2024. Full nameThe Standard Group PLC Tickers / exchangeSGL / Nairobi Securities Exchange (XNAI) HeadquartersNairobi, Kenya SectorMedia and broadcasting EmployeesNot published in available sources Market valueNot published in available sources Yearly sales (FY2024)KES 1.84 billion (US$14.2 million) Net profit (FY2024)Loss before tax of approximately KES 1.1 billion (US$8.5 million) Net marginNegative (loss-making) Return on equityNegative (loss-making) Price-to-earningsNot meaningful (loss-making) Dividend yieldNone (no …
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