Vivo Energy Kenya, the retailer of Shell-branded fuel products posted a Sh25.964 billion jump in revenues in the six months ended June driven by increased fuel consumption and higher pump prices.
The oil marketer’s parent company, Vivo Energy Group Plc disclosed that it made Sh110.55 billion ($924 million) in revenues from the Kenyan market in the first half of the year, a 30.6 percent jump from Sh84.59 billion ($707 million) in a similar period last year.
