The oil marketer's profit before tax grew at a faster pace of 53.2 percent compared to net earnings, indicating a higher tax charge for the business.
By
George Ngigi
Correspondent
Nation Media Group
Oil firm TotalEnergies Marketing Kenya’s net profit for the six months to June 2026 grew 21.2 percent, lifted by higher product sales despite expensive pump prices following disruptions from the Middle East conflict.
TotalEnergies reported a 68% year-over-year increase in second-quarter adjusted net income as higher oil prices, stronger…
French oil and gas giant TotalEnergies said Thursday net profit doubled in the second quarter as conflict in the Middle East…
Oil price surge lifts earnings as refining strength outweighs weaker LNG results
On July 23, French oil and gas giant TotalEnergies said that net profit doubled in the second quarter as conflict in the Middle…
TotalEnergies Marketing Nigeria Plc has attributed its decision not to pay a dividend for the financial year ended December 31,…
Tax collections in the period could have been higher had the State not halved VAT on fuel to eight percent in April 2026 to curb…
