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Kenya Power & Lighting Plc 7% Pref (NSE: KPLC-P7)

Nigel Firth
Nigel Frith trader
Updated 29 May 2024

Overview of Kenya Power & Lighting Plc

Kenya Power and Lighting Company Plc is a national electric utility company listed on the Nairobi Securities Exchange (NSE) and is involved in the transmission, distribution and retail of electricity.

Today, Kenya Power and Lighting Company Plc has interests in geothermal, hydro and thermal power generation as well as power generated from solar and wind sources. Kenya Power and Lighting Company Plc is managing electric metering, licensing, billing, emergency electricity services and customer relations as well as offering optic fiber connectivity to telecommunication companies.

The history of Kenya Power and Lighting Company Plc goes back to January 6, 1922 when it was founded.

Kenya Power and Lighting Company Plc has its head offices at Stima Plaza, Kolobot Road, Parklands, Nairobi, Kenya.

Kenya Power and Lighting Company Plc has a staff complement of about 10,480 and renders its services in Nairobi, Coast, West Kenya and Mount Kenya.

The current CEO of Kenya Power and Lighting Company Plc is Kenneth Tarus.

Kenya Power & Lighting Plc 7% Pref ‘s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol KPLC-P7.

Kenya Power & Lighting Plc forms part of the Conventional Electricity Industry and the Utilities Sector of the Nairobi Securities Exchange (NSE).

Kenya Power and Lighting Company Plc is also the issuer of Kenya Power & Lighting Co Plc Ord stocks (KPLC) and Kenya Power 4 % Preference Shares on the Nairobi Securities Exchange.


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Kenya Power & Lighting Plc 7% Pref KPLC-P7 Stock Performance

The current price for Kenya Power & Lighting Plc 7% Pref KPLC-P7 stocks on the Nairobi Securities Exchange (NSE) is 6.00 Kenyan Shilling (KES). Note that KPLC-P7 had its last trading day on Monday 8 May 2017.

An analysis of financial data of Kenya Power & Lighting Plc 7% Pref KPLC-P7 showed that the company has a total market capitalisation of 2.1 Million KES.  A total of 350,000 shares were outstanding.

Kenya Power & Lighting Plc 7% Pref KPLC-P7 reported increases in profits as well as revenues of 63,299 million KES in June 2020 to 64,159 million KES in December 2020.

The operating income reported for the period was 8,329.80 million KES which is an improvement on the 328.92 million KES reported for June 2020. The net income reported for the period was 138.36 million KES, with diluted normalised EPS of 0.13 KES.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Kenya Power & Lighting Plc 7% Pref KPLC-P7 stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Kenya Power & Lighting Plc 7% Pref KPLC-P7, analysts forecast further improved performance for the Utilities sector with market share growing as trading volumes increase.

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Highlights of Kenya Power & Lighting Plc 7% Pref KPLC-P7 in 2021

Note that KPLC-P7 had its last trading day on Monday 8 May 2017, hence no more information on its performance or highlights are available.

How to buy Kenya Power & Lighting Plc 7% Pref KPLC-P7 stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Kenya Power & Lighting Plc stocks on the Nairobi Securities Exchange (NSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “KPLC-P7”.
  2. Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nairobi Securities Exchange (NSE)was established in 1954 as the leading stock exchange in East Africa and offers world class trading facilities for local and foreign investors looking to gain exposure to the country’s rising economy.

The bourse is based in the capital of Kenya, one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya and is overseen by a board of directors. In 2014, the NSE demutualised and became listed on the main board of its own exchange.

In 2011, the NSE introduced the FTSE NSE Kenya 15 and FTSE NSE Kenya 25 indices for the creation of index tracking funds and derivative products and as performance benchmarks.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.
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