{
  "id": 15799674,
  "title": "Explainer: How Kenya Pipeline Company grew profit by 13% to Ksh11.6B",
  "url": "https://urgent.news/2026/10/20/explainer-how-kenya-pipeline-company-grew-profit-by-13-to-ksh11-6b",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T20:38:04.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/business/explainer-how-kenya-pipeline-company-grew-profit-by-13-to-ksh11-6b"
  },
  "original_language": "en",
  "account": "Kenya Pipeline Company (KPC) reported a 13% increase in profit after tax to Ksh11.6 billion for the period, driven by higher petroleum product volumes and a 9% rise in revenue. Acting Managing Director Pius Mwendwa highlighted that the company's performance was solid and strong. Revenue grew from Ksh39.5 billion to Ksh43 billion, while profit before tax increased by 8% to Ksh17.5 billion. Mwendwa attributed the growth primarily to increased volumes handled domestically and across the region, noting a 7% rise in volumes to 10.6 billion litres. The company's latest financial results show growth in earnings, revenue, and petroleum volumes, with Mwendwa emphasizing domestic and regional throughput as the main drivers of the performance.",
  "summary": "Kenya Pipeline Company (KPC) has reported a 13 per cent growth in profit after tax to Ksh11.6 billion, supported by increased petroleum product volumes both locally and across the region. Speaking in an interview with a local station on Tuesday, October 20, 2026, acting Managing Director Pius Mwendwa said the company also recorded higher revenue […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}