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Kenya Power records 53 per cent increase in pre-tax profits

NAIROBI, KENYA: Kenya Power half-year pre-tax profits for the period July to December 2014 rose by 52 per cent to Sh6.408 billion shillings from Sh4.19 billion recorded compared to a similar period in the previous financial year.       

The Company’s Managing Director and Chief Executive Officer, Dr. Ben Chumo, said that growth in the half-year trading results was due to increased sales as a result of improved power supply and increase connectivity buoyed by tariff increase effected last year.

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