Home Business KenGen posts Sh5b half-year profit on relief measures cut

KenGen posts Sh5b half-year profit on relief measures cut

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The Standard | by Macharia Kamau


The Kenya Electricity Generating Company (KenGen) has reported a net profit of Sh5.12 billion for the six months ended December 2021.

This is a slight increase from Sh5.06 billion posted over a similar half in 2020. The marginal increase was attributed to the withdrawal of relief measures that the government had handed Kenyan businesses to enable them to cope with the effects of Covid-19 in 2020…

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