Nation Media Group stock reports a larger first-half loss

Published on 10/05/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nation Media Group stock posted a KES 357.2 million first-half loss for the six months to June 30, 2026. Turnover fell to KES 2.85 billion as shares stood at KES 15.05.

NMG, KE0000000380, Illustration mit AI erstellt.

Nation Media Group (KE0000000380) reported a KES 357.2 million loss after tax for the six months to June 30, 2026, compared with KES 41.7 million a year earlier. The result was published in the company's investor update dated August 20, 2026, and puts the Nairobi Securities Exchange media listing under renewed earnings pressure.

First-half losses widened sharply

According to Nation Media Group on August 20, 2026, turnover fell to KES 2.85 billion from KES 2.99 billion in the first half of 2025. That decline was paired with a loss before income tax of KES 440.8 million, versus KES 48.7 million in the prior-year period.

The earnings gap is the central issue for investors: the after-tax loss increased by KES 315.5 million year over year, while turnover declined by KES 140 million. The figures point to pressure on revenue conversion as the group operates across print, broadcast and digital media in East and Central Africa.

Regional platform meets digital pressure

Nation Media Group describes itself as an independent media house with operations in Kenya, Uganda, Tanzania and Rwanda. Its investor-relations page lists the Nairobi Securities Exchange as the group's original listing and also identifies listings in Dar es Salaam, Uganda and Rwanda.

The regional footprint gives NMG several audience markets, but the first-half figures show that scale has not yet translated into improving profitability. Revenue direction and the size of the loss therefore remain more important valuation markers than the group's geographic reach.

NMG stock stays under pressure

NMG stock stood at KES 15.05 on the Nairobi Securities Exchange on October 5, 2026, down 2.27 percent. The price move gives the first-half loss a direct market context, with the stock trading below the KES 15.80 level reported for September 9, 2026.