KENYA PIPELINE PROFITS JUMP 13% AS SHAREHOLDERS FACE LOWER DIVIDENDS
Kenya Pipeline Company’s net profit rose by 13.08% to Sh11.58 billion in the 2025/2026 financial year, even as its total dividend payout declined to Sh5.81 billion amid plans to finance infrastructure expansion.
Watch Getembe TV Live
Broadcast Getembe TV Live Stream
Listen Getembe FM Live
Tune in to Getembe FM Live Broadcast
Kenya Pipeline Company (KPC) has recorded a 13.08 per cent increase in net profit for the financial year ended June 2026, even as the amount set aside for shareholder dividends declined.
The company's net profit rose to Sh11.58 billion, up from Sh10.24 billion reported in the previous financial year, reflecting improved financial performance.
Revenue also increased by 8.78 per cent to Sh42.98 billion, supported by growth in petroleum transportation volumes through its pipeline network.
Despite the strong performance, KPC reduced its total dividend payout to Sh5.81 billion from Sh5.9 billion in the previous year. The dividend was set at Sh0.32 per share.
The lower payout comes as the company seeks to retain more funds to support infrastructure development and expansion plans.
KPC has outlined investments aimed at increasing petroleum storage capacity and extending its pipeline network towards Kampala, Uganda, and Kigali, Rwanda.
The planned investments are expected to strengthen the company's regional petroleum transportation role and support growing demand for fuel across East Africa.
The financial results come after KPC's listing on the Nairobi Securities Exchange, marking a new chapter for the state-linked energy infrastructure company and its shareholders.
The rise in profits alongside a lower dividend payout highlights the company's decision to balance shareholder returns with the need to finance long-term expansion projects.
Investors will be watching how the planned investments affect the company's future earnings and dividend payments.
ADVERTISEMENT
Watch Getembe TV Live
Broadcast Getembe TV Live Stream
Listen Getembe FM Live
Tune in to Getembe FM Live Broadcast
How do you feel about this article?
Let us know by choosing a reaction below.
Written by Anne Moses
Reporter and staff writer at Getembe News.
Comments 0
Please log in to participate in the comments section.
No comments yet. Be the first to share your thoughts!
ADVERTISEMENT
Related Stories
Have a news tip?
Do you have an investigation, local story or news event you think we should cover? Contact our newsroom directly.
Submit Tip
Mobile App
Download Getembe Digital App Today
Download Getembe Digital App today for live news updates, breaking notifications, and seamless live streaming.