TransCentury Limited reported consolidated earnings results for the six months ended June 30, 2013. For the period, the company reported turnover of KES 7,084,507,000 against KES 7,064,010,000 a year ago. Profit from operating activities was KES 1,027,327,000 against KES 996,954,000 a year ago.

Profit before income tax was KES 589,855,000 against KES 564,139,000 a year ago. Profit for the period was KES 380,620,000 against KES 326,089,000 a year ago. Profit from operations attributable to equity holders of parent company was KES 244,184,000 against KES 82,389,000 a year ago.

Basic and diluted earnings per share were KES 0.89 against KES 0.30 a year ago. Cash generated from operating activities was KES 81,769,000 against cash used in operating activities of KES 1,797,840,000 a year ago. The group turnover remained stable as compared to the same period last year despite the power business recording a 14% decline in turnover due to a marked reduction in world metal prices.

The group's net earnings increased by 17% mainly driven by improved gross margins attributed to improved management of direct costs within Power Infrastructure and Engineering businesses.