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KENGEN 1H Results - profit jumps 33% market share to 59%
Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:Do they still hold the yen loan. I've not had a look at their books so far. If the loan is still in yens, they should save quite a chunk as the yen weakens globally. I expect those savings to pop up in H2 and final results in July. The consumer will be equally happy. (Forex adjustments is a Pass Through expense)
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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The company recorded 1.7b profit and sees a stable 2nd half and is also venturing geothermal bigtime. "Don't let the fear of losing be greater than the excitement of winning."
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Wazua
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KENGEN 1H Results - profit jumps 33% market share to 59%
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