Kenya Power is projecting a pre-tax loss of Sh5.55 billion for the financial year ending June 2023, in what will mark the worst performance for the utility in seven years.
Treasury disclosures to the International Monetary Fund (IMF) show the utility firm, which in May issued a profit warning, will see the pre-tax earnings plunge from the Sh5.12 billion before tax profit it had posted in the previous financial year.
