November 29, 2019 / 6:34 AM / 7 days ago

Kenya Power annual results delayed on auditor-general appointment

Nov 29 (Reuters) - Kenya Power and Lighting Co Ltd , the country’s main power distributor, on Friday said the selection and appointment of the auditor general will not be completed by November-end, delaying the company’s annual results even further.

The power distributor, which last month said its full-year results will be delayed, has also postponed its annual general meeting that was scheduled to be held by the end of the year.

The appointment of the auditor general, who is responsible for certifying the company’s financial statements, was earlier expected to be completed by the end of November.

Reporting by Tanishaa Nadkar in Bengaluru, Editing by Sherry Jacob-Phillips

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