Letlole records increased profits

Tuesday, September 29, 2015

Property concern, Letlole La Rona Limited (LLR) has recorded a five percent increase in profit before tax for the year ended June 30, 2015,which they attributed to sound management principles.

The performance was also credited on contractual revenue growth in real terms through timeous application of rental escalations.

For the period, the company recorded P97.3 million in profits before tax compared to the P92.6 million recorded in the corresponding period, according to the year ended June 30, 2015 results.

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Letlole records increased profits

Property concern, Letlole La Rona Limited (LLR) has recorded a five percent increase in profit before tax for the year ended June 30, 2015,which they attributed to sound management principles.

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