Posta Kenya returns to profit after Sh1.08bn loss
Fresh disclosures in the corporation’s latest audited financial statements show Posta’s operating revenue rose by 11 percent to Sh2.16 billion from Sh1.95 billion a year earlier, driven by increased earnings from courier operations, e-commerce deliveries and mail services. Ke..
✨ Key Highlights
The Postal Corporation of Kenya (PCK) has achieved profitability, reporting a net profit of Sh488 million for the financial year ended June 2025. This marks a significant turnaround from a Sh1.08 billion loss in the previous year.
- Operating revenue increased by 11 percent to Sh2.16 billion, boosted by courier, e-commerce, and mail services.
- PCK, a state corporation, has successfully navigated challenges like declining traditional mail volumes and competition.
- New revenue streams, including Huduma Kenya rental income and logistics contracts, significantly contributed to the improved financial performance.
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Billions Lost Forever? Alarm as State Moves to Liquidate KUSCCO - May 2026
The Kenyan government is considering liquidating KUSCCO (Kenya Union of Savings and Credit Cooperatives Limited) following a forensic audit that uncovered massive fraud and financial irregularities, potentially leading to billions in permanent losses for members. An audit by Auditor General Nancy Gathungu has revealed significant revenue leakages and questionable leasing practices at Postal Corporation of Kenya. However, Posta Kenya has achieved profitability, reporting a net profit of Sh488 million for the financial year ended June 2025, a significant turnaround from a Sh1.08 billion loss in the previous year.
