Electricity tariffs raise returns Kenya Power into profits

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KPLC Managing Director Joseph Siror addressing journalists. FILE PHOTO | BONFACE BOGITA | NMG

Kenya Power has posted a Sh319 million net profit for the six months ended December 2023 on increased electricity sales and an upward review of tariff, lifting it from a loss position.

The utility firm's unaudited results released Friday showed it had emerged from the Sh1.15 billion net loss it posted in the preceding similar period.

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Note: The results are not exact but very close to the actual.