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Originally published by Capital Business
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business
September 7, 2026
4h ago

KenGen net profit drops to Sh10.35bn on lower finance income

KenGen net profit drops to Sh10.35bn on lower finance income

KenGen said finance income fell from Sh4.1 billion to Sh2.9 billion during the year...

✨ Key Highlights

Kenya Electricity Generating Company (KenGen) has reported a slight decrease in its net profit for the financial year ending June 30, 2026, primarily due to a drop in finance income.

  • KenGen's net profit fell to Sh10.35 billion from Sh10.48 billion in the previous year.
  • The company, led by Managing Director and CEO Peter Njenga, managed to reduce its finance costs by 12.1 percent.
  • Despite the profit dip, electricity demand reached a record 2,549 megawatts (MW) on July 15, 2026, highlighting a growing economy.

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