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Browsing: Electricity and Renewable Energy
- KenGen has reported a 7% rise in its full-year Profit Before Tax to Ksh14.76 billion
- The firm recommended a dividend pay-out of Ksh 0.30 per share, amounting to Ksh.1.98 billion
- The profit growth was achieved on the back of continued revenue growth underpinned by the company’s diversification strategy
Kenya Electricity Generating Company PLC (KenGen) has released its full-year Financial Results for the financial year ended 30th June 2021 reporting a 7% Profit Before Tax increase from Ksh13.79 billion to Ksh14.76 billion.
The NSE-listed firm has also recommended a dividend pay-out of Ksh 0.30 per share which amounts to Ksh.1.98 billion to be paid to all its shareholders.
Announcing the results, KenGen Managing Director and CEO, Rebecca Miano said the profit growth was achieved on the back of continued revenue growth underpinned by the company’s diversification strategy.
“In spite of the challenging times, KenGen remained strong recording a steady performance …