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KenGen pretax profit up 3.3pc

An aerial view of KenGen’s 140 Mega Watt Olkaria IV Geothermal Power Plant, in Naivasha. [PHOTO: FILE/STANDARD]

Nairobi; Kenya: Electricity Generating Company (KenGen) posted a 3.3 per cent increase in pretax profit to Sh4.2 billion for its full year ended June 30, 2014. KenGen's pre-tax profit tax increased by 3.3 per cent from Sh4.03 billion to Sh 4.16 billion as a result of increased electricity revenue.

However, the firm's profit after tax dropped to Sh2.8 billion from Sh5.2 billion made in the previous period.

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