Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Kenya Power posts profits

27 February 2012, 11:20

Nairobi - Capital News reports that Kenya Power has posted a 2.8 percent rise in net profit to KES2.28 billion for the six months ended December 2011 driven by a marginal increase in electricity consumption.

Revenues rose to KES22 billion from the KES20.6 billion registered in the same period in 2010 on account of increased unit sales.

In a statement to the Nairobi Securities Exchange (NSE), the firm said that they recorded a pre-tax profit of KES3.4 billion during the period under review compared to KES3.07 billion realized the same period the previous year an increase of KES327 million or 10.6 percent.

- For more visit Capital News

Join in the conversation on News24 Kenya’s Facebook page.

Get the latest news by following us on Twitter

NEXT ON NEWS24 KENYAX

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Victor Tinto
Government launches 10,000 Km tar...

The government has launched an initiative to tarmac 10,000 kilometres of roads in the country in the next three years. Read more...

Submitted by
William Korir
Semelang’o in court to force his ...

Former Youth Enterprise Fund Chairman Gor Semelang’o is in court to seek orders to allow him participate in next week's Mathare by- election. Read more...

Submitted by
Ken Laban
16-year-old girl kills brother ov...

A family feud turned tragic at Mukuyuni village in Bungoma County when a 16-year-old girl stabbed her elder brother to death after he barred her from attending a 'Disco Matanga’ in their neighbourhood. Read more...

Submitted by
Eugene Odanga
STL coming to a place near you

Rapper STL is set to begin her 'Biashara tour' to promote the remix to her famous track. Read more...

Submitted by
William Korir
CORD referendum team explains pla...

The CORD referendum team has met Chief Justice Willy Mutunga to explain the legal basis behind the planned referendum. Read more...