Kenya Electricity Generating Company (KenGen) #ticker:KEGN has postponed a decision on dividend payout on the performance of last financial year until a new Auditor-General is appointed to scrutinise the power producer’s books.
The firm’s board has informed its investors that it cannot take a decision using unaudited results for the year to June 2019. Profit after tax dropped by Sh7 million to Sh7.884 billion on higher operating costs during this period.
