Letlole la Rona Ltd 2024 Integrated Report
The report highlights Letlole La Rona Limited's financial and non-financial performance for the fiscal year 2024, showcasing its transition to a group structure following the acquisition of an additional 25% stake in Rail Park Mall, which increased its shareholding to 57.79%. The company achieved a 69% increase in revenue to P173.2 million and maintained a low vacancy rate of 1% across its Botswana portfolio. However, it faced challenges with its Kenyan investment, Orbit Africa Logistics, leading to a significant impairment of approximately P100 million. On the sustainability front, the company advanced its environmental initiatives by implementing waste separation systems and is developing a comprehensive Sustainability and Green Building Strategy.
Company: Letlole la Rona Ltd
Sector: Real estate
Country: Botswana
Year: 2024
Type: Integrated Report
Pages: 182
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Letlole la Rona Ltd
Integrated Annual Report
The report highlights Letlole La Rona Limited's financial and non-financial performance for the fiscal year 2024, showcasing its transition to a group structure following the acquisition of an additional 25% stake in Rail Park Mall, which increased its shareholding to 57.79%. The company achieved a 69% increase in revenue to P173.2 million and maintained a low vacancy rate of 1% across its Botswana portfolio. However, it faced challenges with its Kenyan investment, Orbit Africa Logistics, leading to a significant impairment of approximately P100 million. On the sustainability front, the company advanced its environmental initiatives by implementing waste separation systems and is developing a comprehensive Sustainability and Green Building Strategy.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees