Home Business Kenya Power half-year net profit up Sh3.8 billion

Kenya Power half-year net profit up Sh3.8 billion

kenya power, electricity bills, electricity costs, electricity supply
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Business Daily | by Brian Ngugi


Kenya Power’s net profit for the six months to December jumped over 27 times to Sh3.81 billion from Sh138 million in a similar period a year earlier on the back of higher electricity sales and lower operating costs.

During the six months, the utility’s revenue went up 21.09 percent to Sh83.5 billion in the period as operating costs dropped by 5.44 percent or by Sh1 billion to Sh19 billion in the period…

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