Kenya Power HY2020/2021
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Electricity sales grew by 0.7% from 4167GWh in a similar period in 2019 to 4196GWh.
Fuel costs decreased from kshs.7.153bn to ksh.4.618bn attributed to less thermal generation.
Finance costs increased to ksh.8.057bn from ksh.3.835bn due to depreciation of the kenya shilling against major trading currencies leading to an unrealised foreign exchange loss.
The company has risen into a POSITIVE cash flow position of Kshs. 1.7 billion from NEGATIVE Kshs. 6 billion.
Profit before tax of ksh.332million and profit after tax of ksh.138mn
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle