Show notes
Last week, Kengen reported a 94.6% decline in net profit to Ksh 1.2 billion following higher tax expenses. Revenue was up 4% to Ksh 4.5 billion attributed to geothermal, hydro and diversification projects. Kenya Power bounced back to profitability reporting a Ksh 1.5 billion net profit, a 216% jump in pretax profit and 17% dip in operating expenses. Apple results were slightly underwhelming following supply chains woes, and now Microsoft is the most valuable company on earth by market cap.
Tune in to all our podcasts directly through the Hisa App on Android or iOS, or subscribe to the Kenyan Wallstreet podcast wherever you listen from.
This episode features:
Felix Ochieng - Chief Financial Analyst, Hisa
Production by Mwakaneno Gakweli



