Kenya Power net profit drops by Sh5.6bn to Sh24.5bn
NAIROBI, Kenya, Oct 6 - Kenya Power’s net profit for the year ended June 2025 fell by Sh5.6 billion to Sh24.5 billion, down from Sh30.1 billion a year Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenya Power reported a significant decline in its net profit for the year ended June 2025, falling by Sh5.6 billion to Sh24.5 billion. This drop is attributed to lower electricity revenue and adverse foreign exchange effects.
- Electricity sales revenue decreased by Sh11.84 billion to Sh219.29 billion.
- The decline was primarily due to reduced foreign exchange recoveries from the stable Kenya shilling and a lower base tariff.
- Finance costs sharply increased to Sh4.72 billion from Sh683 million the previous year.
- Despite the profit drop, the Board of Directors recommended a final dividend of Sh0.80 per ordinary share.
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Safaricom Invests Sh153bn in Local Suppliers as Kenya Power Profits Decline - October 2025
Safaricom has invested Sh153 billion in local suppliers during the financial year ending March 2025, highlighting its commitment to sustainable sourcing. In contrast, Kenya Power reported a significant decline in its net profit for the year ended June 2025, falling by Sh5.6 billion to Sh24.5 billion. This 18.7% dip in net profit is attributed to the absence of significant one-off forex gains seen in the previous year and lower electricity revenue. Despite this decline, the company's profit remains substantially higher than pre-2024 levels. Notably, Kenya Power's Shareholders' Equity crossed the KSh 100 billion mark for the first time.
