kawi254 wrote:Ericsson wrote:Extraterrestrial wrote:Where is @KuanganaDoDo?
Half Year Results ended December 31 2021
-Revenue up 21.1% to Kes.83bn
-Gross margin up 20.6% to kes.28bn
-Electricity sales up 8.7% to 4562GWh
-Operating profit up 76.8% to Ksh.12.2bn
-Finance costs up 3% to ksh.6.8bn
-Profit before tax ksh.5.659bn
-Profit After Tax closed at Ksh.3.8bn
-Earnings per share ksh.1.96
There is always an inverse correlation between results of KenGen and KPLC ...hoping KenGen doesn't surprise with opposite results.
Half year results for these parastatals will raise your hopes only for this 'profits' to disappear in year end results
Unaudited vs Audited

Were there any moratoriums, debt forgiveness, debt restructuring during 1H?
GoK needs to sit down with KPLC and net off certain amounts. What the point of having huge Receivables and Payables that blow up a Balance Sheet from GoK?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett