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Kenya Pipeline Company recorded Shs330.6 billion in profit and declared Shs165.3 billion in dividends. Uganda expects Shs33.3 billion, representing a 3.6 per cent cash yield. Photo / File
What you need to know:
- KPC recommended a dividend of Shs9.12 per share, amounting to about Shs165.3b, which, if approved, Uganda will receive about Shs33.3b
When Uganda paid $255m for about a fifth of Kenya Pipeline Company (KPC) in February, it secured influence over the company transporting almost all the petrol and diesel the country imports. KPC’s first audited results since the acquisition suggest the investment has a sound strategic foundation.
For the year ended June 2026, KPC’s profit rose 13 percent to Shs330.6b. Cash holdings nearly doubled to Shs584.3b, while borrowings fell to Shs12.6b, small relative to its Shs4.25 trillion in assets.
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