Kenya Power to pay nil dividends as profit falls 64 per cent

Kenya Power Profit: Kenya Power has posted a 63.7 percent decline in net profit to Sh. 1.92 billion in the financial year ended June 2018 on higher costs. Despite revenue rising by 4.23 per cent to Sh. 125.8 billion on increased customer base, increased power purchase and higher finance costs depressed its bottom-line. The board, […]