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Superprime1		#1 Posted : Thursday, February 21, 2019 7:36:53 PM
Rank: Member Joined: 5/2/2018 Posts: 267		Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll
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guru267		#2 Posted : Thursday, February 21, 2019 7:51:54 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		Superprime1 wrote: Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll Hopefully this can drag it passed 6 bob Mark 12:29 Deuteronomy 4:16
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Ebenyo		#3 Posted : Thursday, February 21, 2019 9:55:09 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		guru267 wrote: Superprime1 wrote: Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll Hopefully this can drag it passed 6 bob closed today at 4.94 down from 5.02. Towards the goal of financial freedom
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Superprime1		#4 Posted : Thursday, February 21, 2019 10:01:44 PM
Rank: Member Joined: 5/2/2018 Posts: 267		guru267 wrote: Superprime1 wrote: Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll Hopefully this can drag it passed 6 bob The bottom line worsened owing to the short-term loans, so, I think the only way is down for now. @KaungaNaDodo what say you?!
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Ericsson		#5 Posted : Thursday, February 21, 2019 11:32:28 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Revenue from electricity sales increased by 21.3 % from KShs.46.93 billion to Ksh56.95 billion. The utility sold 4,106 GWh as at 31 December 2018 compared to 3,893 GWh as of 31 December 2017. Units purchased increased by 9% to 5,324 GWh from 4,882 GWh recorded in the previous similar trading period. Transmission and distribution costs increased by 37.3% to Ksh 21.7 billion from Ksh15.8 billion recorded during the period ended 31 December 2017. Finance costs increased by 23.5% to Ksh4.02 billion from Ksh 3.25 billion incurred in the half-year period to 31 December 2017. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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KaunganaDoDo		#6 Posted : Friday, February 22, 2019 8:01:53 AM
Rank: Member Joined: 8/6/2018 Posts: 299		Superprime1 wrote: Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll You can see the effect of tariff adjustment done last August 2018...Although the adjustment was not TOTAL, (it was partial), the unit sold increased by 5% while the revenue from electricity sold increased by 21%...the only downside is that there was a secondary review in tariff in November 2018 which further reduced the tariff adjustment that was done in August 2018.
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KaunganaDoDo		#7 Posted : Friday, February 22, 2019 8:11:31 AM
Rank: Member Joined: 8/6/2018 Posts: 299		Superprime1 wrote: guru267 wrote: Superprime1 wrote: Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll Hopefully this can drag it passed 6 bob The bottom line worsened owing to the short-term loans, so, I think the only way is down for now. @KaungaNaDodo what say you?! i think it will be depressed.
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mlennyma		#8 Posted : Friday, February 22, 2019 9:24:48 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		They eat the tenders and say expenses went up even when hydro dams were full they made huge losses...it's a milking cow shareholders are spectators "Don't let the fear of losing be greater than the excitement of winning."
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mlennyma		#9 Posted : Friday, February 22, 2019 9:51:39 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Ebenyo wrote: guru267 wrote: Superprime1 wrote: Net profit down 16% to Sh2.46bn Total revenues up 3.4% to Sh69.37bn; electricity sales notably up 21.4% to Sh59.95bn Total operating costs up 4% to Sh61.72bn Finance costs up 23% to Sh4.02bn as short-term debts take a toll Hopefully this can drag it passed 6 bob closed today at 4.94 down from 5.02. quickly going back to 3bob "Don't let the fear of losing be greater than the excitement of winning."
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Ebenyo		#10 Posted : Friday, February 22, 2019 11:31:06 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		cash flow position improved from negative 7.6 billion to negative 4.2 billion,44% improvement. Towards the goal of financial freedom
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