TransCentury Limited announced audited group earnings results for the year ended December 31, 2013. For the year, the company reported turnover of KES 11,807,576 against KES 13,487,229 a year ago. Profit from operating activities was KES 1,535,049 against KES 1,969,432 a year ago. Profit before income tax was KES 858,590 against KES 1,226,473 a year ago. Profit from continuing operations was KES 626,432 against KES 736,105 a year ago. Profit after tax attributable to equity holders of the company was KES 291,295 or KES 1.06 per diluted share against KES 455,056 or KES 1.66 per diluted share a year ago. The Group's revenues and profit for the year decreased by 12% and 15% respectively mainly attributed to slowed activity in the first half of the year during the general election period in Kenya and delayed execution of several major construction projects. However, a change in business mix in its Engineering division positively impacted margins due to a focus on more specialized projects and margins remained stable in the company's Power division.

The company directors will recommend a final dividend of KES 0.40 per share in the forthcoming AGM. This final dividend will be paid less withholding tax where applicable on or about June 30, 2014 to the members on the register at the close of business on June 13, 2014.