[Source: Kenyan Wall Street, by Mwakaneno Gakweli]
Standard Group has posted a loss of Ksh 306.1 million in the first half of the year compared to a profit of Ksh 19.3 million in a similar period last year, pointing the loss to low revenues.
Revenues for the media group dropped by 42% to Ksh 1.39 billion from Ksh 2.4 billion. A notice from the company secretary points the losses to a harsh operating environment fueled by the ongoing pandemic…
