Electricity producer Kenya Electricity Generating Company (KenGen) #KEGN has reported a net profit increase of 34.31 per cent in the year ended June but declined to pay shareholders dividend, citing cash flow needs to fund capital-intensive projects.
The Nairobi Securities Exchange-listed firm’s net profit increased to Sh9.05 billion in the review period boosted by increased interest income, up from Sh6.74 billion recorded a year earlier.
