TotalEnergies Marketing Kenya PLC reported a profit after tax of Ksh2.17 billion for the year ended December 31, 2025.

This marks a clear rise from Ksh 1.49 billion in 2024. The company delivered stronger results despite a slight drop in revenue.

Net revenue from contracts with customers fell to Ksh104.0 billion from Ksh114.2 billion the previous year. However, gross profit rose sharply to Ksh11.98 billion from Ksh8.99 billion. The company achieved this through higher sales volumes and better retail margins after the regulator reviewed prices. Cost of sales came down to Ksh92.0 billion from Ksh105.2 billion.

“The company delivered a strong financial performance, recording a profit after tax of Ksh2,171 million (2024: Ksh1,487million), demonstrating the resilience of the company’s business model and the disciplined execution of its strategy. The company’s gross margins increased to Ksh11,978 million (2024: Ksh8,994 million), supported by higher sales volumes and an increase in margins following the review of retail margins by the regulator,” the company said in its annual report.

Operating expenses increased to Ksh8.72 billion from Ksh7.51 billion. The rise came from higher depreciation, imported services, and inflation adjustments. The company kept tight control on costs and cut finance costs to Ksh1.69 billion from Ksh3.83 billion, thanks to lower interest rates.

Cash flow from operating activities stayed robust. The company generated net cash of Ksh7.65 billion from operations, up from Ksh7.34 billion in 2024. It used Ksh2.19 billion in investing activities, mainly on property, plant and equipment.

Financing activities used Ksh3.46 billion, which included dividend payments and lease obligations. Cash and cash equivalents closed the year at Ksh13.44 billion, up from Ksh11.44 billion.

Total assets grew to Ksh69.19 billion from Ksh67.93 billion. Shareholders’ equity increased to Ksh33.67 billion.

The company maintained a solid financial position with total liabilities of Ksh35.52 billion.Kenya’s economy supported these results. Agriculture recovered because of good weather, while services, construction and manufacturing sectors expanded. Inflation stayed within the Central Bank of Kenya’s target range as monetary policy eased.

TotalEnergies continued to invest in the business. It spent Ksh2.57 billion during the year, in line with its strategy. The company also focused on diversifying income through shops, food services and partnerships. Foreign exchange movements produced a small loss of Ksh156 million, compared with a gain of Ksh2.07 billion in 2024.

The board recommends a first and final dividend of Ksh3.45 per share for 2025, up from Ksh1.92 per share in 2024. Shareholders will vote on this at the 72nd Annual General Meeting on 24 June 2026.

If approved, the company will pay the dividend around July 31, 2026. Looking ahead, TotalEnergies plans to grow its presence in Kenya. It will keep its focus on safety, operational excellence and profitable growth. The company intends toexpand renewable energy solutions to meet rising demand for cleaner energy.

It recognises risks from oil prices, financial markets, environmental factors and geopolitics.