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Alina Holdings PLC Reports Reduced Losses and Strategic Property Management in 2024

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Alina Holdings PLC Reports Reduced Losses and Strategic Property Management in 2024

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Alina Holdings PLC ( (GB:ALNA) ) has shared an announcement.

Alina Holdings PLC reported a reduced net loss of £327,000 for the year ending December 31, 2024, compared to a £1.1 million loss in 2023. The company maintained cash reserves of £850,000 and had no borrowings, with property holdings reclassified as held for sale at a valuation of £2.2 million. Operational highlights included resolving litigation favorably and marketing its Bristol property, while challenges included ongoing claims against Sainsbury’s for refurbishment costs. The company continues to manage risks related to the UK property market and economic conditions, with no dividend declared for the period.

More about Alina Holdings PLC

Alina Holdings PLC is a company listed on the Main Market of the London Stock Exchange. The company consolidates its financial statements with its subsidiaries, focusing on property holdings and management. It operates within the UK property market, dealing with property income and asset management.

YTD Price Performance: -21.88%

Average Trading Volume: 10,076

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.02M

For detailed information about ALNA stock, go to TipRanks’ Stock Analysis page.

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