×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Kenya Power profits dip by Sh3 billion

Kenya Power profit after tax dipped by 92 per cent for the financial year ending June 30, 2019.

The dip is largely attributed to a huge appetite for short term loans by the power retailer, which it resorted to so as to finance some of its day to day operations, owing to inadequate cash flows.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in