KenGen returns Sh5bn profit as Kenya Power plunges into loss

KenGen grew its net profit by nearly half to Sh5.02 billion in the financial calendar ending June, even as its main customer Kenya Power Company, plunged into a loss of Sh3.19 billion. KenGen's earnings after tax rose by 48 per cent from Sh3.38 billion in the same period last year, with the power generator attributing it to higher revenues due to enhanced efficiency,

Related Keywords

Olkaria ,Rift Valley ,Kenya ,Nairobi ,Nairobi Area ,Peter Njenga ,Stephen Vikiru ,Nairobi Securities Exchange ,Cost Power Development Plan ,Kenya Power Company ,Power Company ,Securities Exchange ,Kenya Power ,Power General Manager ,Least Cost Power Development Plan ,