In direct translation, it means OUR BASKET OF WEALTH. To us the basket of wealth is symbolical to a collection of principles that nurture true wealth and success. In everything we do we strive to create a basket of wealth for Batswana.
Letlole La Rona (LLR) is a variable rate loan stock company listed in the Botswana Stock Exchange. The company was listed on the 15th of June 2011 at a price of P1.50 per share and a market capitalisation of P420 million. For the 2017/18 financial year, the property portfolio grew by 25% relative to the previous year, P778 million to P970 million.
For the reporting period, LLR recorded a profit before tax of P94.8 million. Distribution declared for the 2017/ 2018 financial year amounts to P37.8 million. At the end of the financial year, market capitilisation stood at P515 million.
LLR owns a number of properties in Botswana, with investment highly skewed in favour of industrial property, followed by hotel space, commercial office space, retail space and residential space.