Kenya Power Posts KShs 14.83 Billion Pre-Tax Profit in Half-Year Results
By Shadrack Mutai
NAIROBI, Tuesday, February 3, 2026 – Kenya Power has posted a pre-tax profit of KShs 14.83 billion for the six-month period ended 31st December 2025, marking a 5.5 per cent increase compared to KShs 14.06 billion recorded in a similar period last year.
The improved performance was driven by higher electricity sales, increased power demand, improved distribution efficiency, and reduced finance costs, according to the utility firm.
Electricity sales revenue rose by 6.9 per cent, climbing from KShs 107.42 billion to KShs 114.87 billion, while total electricity unit sales increased by 10.5 per cent to 6,086 GWh.
Kenya Power Managing Director and CEO Dr. (Eng.) Joseph Siror said the results reflect the company’s ongoing efforts to strengthen its financial position and operational efficiency.
“This performance reflects continued momentum in strengthening our balance sheet and building resilience. Distribution efficiency improved from 76.35 per cent to 77.97 per cent, signalling enhanced network performance and success in our loss reduction initiatives,” said Dr. Siror.
During the period under review, power purchase costs increased by KShs 5.33 billion, largely due to higher electricity demand. Total energy purchases rose by 8.3 per cent to 7,807 GWh.
Despite the increased costs, the company recorded a notable improvement in its financial position. Total borrowings declined by 6 per cent to KShs 84.23 billion, while negative working capital reduced from KShs 19.21 billion in June 2025 to KShs 12.54 billion by December 2025.
Looking ahead, Kenya Power says it will focus on safeguarding supply adequacy, accelerating its loss reduction programme, and rolling out grid modernisation and digitisation projects aimed at improving service reliability and customer experience.
In line with its dividend policy and the improved performance, the Board of Directors announced an interim dividend of KShs 0.30 per share.
