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Kenya’s arm of Vivo Energy revenue drops

Kenya’s arm of Vivo Energy has posted a decline in revenue in 2018 by five per cent. [Photo:File]

Kenya’s arm of Vivo Energy has posted a decline in revenue despite an increase in sales of premium fuel, V-power.

The firm, which sells Shell-branded products, said its revenue in Kenya went down five per cent to Sh127 billion ($1.26 billion) in the year to December 2018 from Sh134 billion ($1.33) in 2017.

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