KenGen

2024 - 10 - 29

KenGen Rakes in Profits and Career Opportunities - Don’t Miss Out!

career development - electricity - finance news - geothermal - green energy - hydroelectric power - job opportunities - KenGen - Kenya Power - stock market

Big news from KenGen! They’re doubling dividends and hiring – find out how to get in on the action!

KenGen, Kenya’s leading electricity generator, has exciting news for both job seekers and investors alike! The company has announced a whopping 13 career opportunities, opening the doors for talented individuals to join their dynamic team. Interested applicants have until November 12, 2024, to submit their applications through KenGen’s dedicated career portal. So, whether you’re fresh out of school or a seasoned professional, this could be your chance to shine in a company that's powering the nation!

In addition to expanding their workforce, KenGen has also made headlines by more than doubling their dividend payout to Sh0.65 per share. This comes after a substantial increase in net profits, which soared by an impressive 35% to reach Sh6.8 billion for the fiscal year ending June 2024. With such robust financial growth, KenGen is not just generating electricity but is electrifying the stock market as well!

The surge in profits is attributable to KenGen's commitment to renewable energy sources, particularly geothermal and hydroelectric power. These sectors have seen increased revenues, significantly contributing to the gain. The company’s strategic focus on sustainable energy is paying off, making it a beacon of hope in the fight against climate change – now, who doesn’t want to be a part of that?

For those of you wondering just how well KenGen is performing compared to other sectors, they are making headlines while utilities struggle elsewhere. KenGen's investments in green technologies are crucial for both the environment and the economy in Kenya. Plus, the company contributes immensely to local economies through job creation and infrastructural development, proving that good business can lead to good fortune for all!

Did you know that KenGen is a pioneer in geothermal energy production in Africa? They have successfully harnessed this sustainable resource, and their efforts in this arena have placed Kenya on the global map as a leader in geothermal energy generation. Also, with their recent profit surge, KenGen is set to continue playing a critical role in the nation's energy landscape! So, whether you’re looking to join their team or simply wishing to invest wisely, keep a keen eye on what this innovative company has in store!

Post cover
Image courtesy of "Nairobi Leo"

KenGen Announces 13 Career Opportunities; How to Apply (Nairobi Leo)

The application deadline is November 12, 2024. In a job advert, the company asked interested applicants to submit their applications through the career portal ...

Post cover
Image courtesy of "Business Daily"

KenGen doubles dividend payout after 35pc profit rise to Sh7bn (Business Daily)

Electricity generator KenGen has more than doubled its dividend payout to Sh0.65 per share after recording a significant rise in net profit for the year ...

Post cover
Image courtesy of "Capital FM Kenya"

Geothermal, hydroelectric revenues push KenGen's profit to Sh6.8bn (Capital FM Kenya)

NAIROBI, Kenya, Oct 29 - KenGen net profit for the full year ending June 2024 expanded by 35 percent to Sh6.8 billion on improved geothermal and Kenya ...

Post cover
Image courtesy of "Tuko.co.ke"

KenGen Posts KSh 6.8b Net Profit on Increased Green Energy ... (Tuko.co.ke)

KenGen posted a 35% growth in profit after tax from KSh 5 billion reported in the previous year to KSh 6.8 billion registered for the year ending June 30, ...

Post cover
Image courtesy of "The Standard"

KenGen profit jumps 35 per cent to Sh6.8b on higher power output (The Standard)

Kenya Electricity Generating Company PLC (KenGen) has posted a Sh.6.8 billion profit after tax for the year ended June 2024, representing a 35 per cent ...

Post cover
Image courtesy of "ESI Africa"

Finance: Hydro, geothermal plants drive profits up at KenGen - ESI ... (ESI Africa)

Strong growth in revenues from its geothermal and hydroelectric power plants has improved profits for the Kenya Electricity Generating Company PLC (KenGen).

Post cover
Image courtesy of "Kenyan Wallstreet"

Kenya Power & KenGen Stocks Soar After Record Profits, Dividends (Kenyan Wallstreet)

Kengen share price was up 31.11% to close at KES 4.13 trading shares valued at KES 41.7M. The two companies reported their financial results on Monday after ...

Post cover
Image courtesy of "The Star, Kenya"

Geothermal revenues push KenGen's profit to Sh6.8 billion (The Star, Kenya)

The power firm also posted the financial income of the Nairobi Stock Exchange (NSE)-listed generator's finance income skyrocketed by 149 per cent to Sh4.2 ...

Post cover
Image courtesy of "The Star, Kenya"

KenGen's profit jumps to Sh6.8bn on green energy revenue (The Star, Kenya)

Kenya Electricity Generating Company has reported a 35 per cent surge in net profit for the year ended June 2024, driven by strong revenues from geothermal ...

Post cover
Image courtesy of "Business Daily"

KPLC, KenGen shares rally on higher dividend payouts (Business Daily)

Consumption of electricity grew 2.76 percent to 19516 Gigawatt hours (GWhs), amid increased demand mainly from large consumers (factories and industries).

Post cover
Image courtesy of "ThinkGeoEnergy"

Geothermal and hydropower revenues drive KenGen profit up by 35% (ThinkGeoEnergy)

Kenya's KenGen has posted a 35% increase in profit for the past year on the strength of their geothermal and hydropower generation output.

Post cover
Image courtesy of "Kenyan Wallstreet"

KenGen's Profits Surge 35.5% to KES 6.8 Billion (Kenyan Wallstreet)

Kenya Electricity Generating Company (KenGen) has posted strong full-year results for the financial year ending June 30, 2024, with after-tax profits rising by ...

Explore the last week