The Kenya Electricity Generating Company (KenGen) has cautioned shareholders and the public against relying on unaudited financial results circulating online.
The company is clarifying that the official audited statements for the financial year ending June 30, 2025, are still under review.
In a notice issued on October 23, KenGen said it had come to their attention that a draft of the financial results had been circulated through various online platforms., stating that the document is not official.
The company urged stakeholders to rely only on information published through its verified communication channels.
“In accordance with statutory requirements, the audited financial statements can only be published upon completion of the review and approval,” the statement read.
“This process is currently ongoing, and the company is engaging closely with stakeholders to expedite and publish by the statutory deadline.”
KenGen assured shareholders that it remains committed to transparency, corporate governance, and regulatory compliance, noting that the final audited results will be released immediately after completion of the statutory review.
The clarification comes amid heightened investor attention on state-linked corporations ahead of Kenya’s annual financial reporting cycle.
KenGen, the country’s leading power producer, often attract attention from both regulators and the public due to its role in the national energy sector.
“KenGen remains committed to upholding the highest standards of transparency, corporate governance, and regulatory compliance,” said FCS Austin Ouko, the company secretary and general manager for legal affairs, who signed the notice on behalf of the board.
The company further thanked shareholders and stakeholders for their continued support and understanding as it finalizes the audit process.
More to follow…