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Kenya power posts 36 pct profit jump in FY 2012
gesowan
#1 Posted : Friday, October 26, 2012 5:23:24 PM
Rank: Member

Joined: 11/6/2010
Posts: 289
Kenya Power posted on Friday a 36 percent jump in full-year pretax profits to 8.51 billion shillings ($99.94 million) in 2012 and said earnings per share climbed to 2.36 shillings from 2.16 a year earlier.

The company, the sole power distributor in east Africa's biggest economy, said revenue from electricity sales rose 6 percent to 45 billion shillings in the period ending June 30.


wao good news leo ni furahi day
FUNKY
#2 Posted : Friday, October 26, 2012 5:31:35 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Dividend? Bonus?
holycow
#3 Posted : Friday, October 26, 2012 5:34:39 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
Reuters indicates a dividend 0.5. No mention of bonus .
2012
#4 Posted : Friday, October 26, 2012 6:14:06 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
holycow wrote:
Reuters indicates a dividend 0.5. No mention of bonus .


Sumni is too little and an insult! It should be nothing below .70/-
Where's that link?

BBI will solve it
:)
the deal
#5 Posted : Friday, October 26, 2012 6:24:16 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I wrote this on my FB Page On Tuesday its exactly what Kenya Power has delivered "Kenya Power (KPLL:KN) touched a 52 week high of Ksh19 before closing at Ksh18.95 up 1.88% ahead of its Full Year earnings expected this week. I expect revenues at the power distributor to rise by a single digit (5% y/y) to stand at Ksh44.6bn driven by increased electricity sales, revenues will be negated by power losses which i estimate to be around 26% in FY 2012 consequently I expect FY 2012 earnings to rise by 8.8% y/y to stand at Ksh4.6bn that's if their able to maintain net profit margins at 10.3%. On the downside I expect high depreciation and finance costs to weigh negatively on the power distributor"
Aguytrying
#6 Posted : Friday, October 26, 2012 7:35:53 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
smile im very happy with these results. 36%!!

i had predicted EPS of 2.34 they've delivered 2.36.


need to pore over the results now. i just experienced a blackout as i was reading this thread. te he he.
The investor's chief problem - and even his worst enemy - is likely to be himself
mlennyma
#7 Posted : Friday, October 26, 2012 7:47:34 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Good results,but a very mean company,last years div. Was .45cts and a bonus this year .50cts without a bonus and already they paid an interim div. Of .20cts so expect a mere .30cts
"Don't let the fear of losing be greater than the excitement of winning."
gesowan
#8 Posted : Friday, October 26, 2012 8:00:28 PM
Rank: Member

Joined: 11/6/2010
Posts: 289
we bot this counter at 19.50...will we ever get there????
Aguytrying
#9 Posted : Friday, October 26, 2012 8:06:57 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
mlennyma wrote:
Good results,but a very mean company,last years div. Was .45cts and a bonus this year .50cts without a bonus and already they paid an interim div. Of .20cts so expect a mere .30cts


is that what it means. that would disappoint.
The investor's chief problem - and even his worst enemy - is likely to be himself
mwekez@ji
#10 Posted : Friday, October 26, 2012 8:11:32 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Final dividend KES 0.30 per share. Book closure, 20th Dec 2012. Payment 28th Feb 2013
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