Alina Holdings PLC (GB:ALNA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Alina Holdings PLC reported a net profit of £348k for the first half of 2024, a significant turnaround from the £821k loss in the same period last year. Earnings per share improved to 1.53p from a loss of 3.62p, and the company’s book value per share saw a slight increase. Despite these positive results, the Chairman expressed concerns about overvalued markets and potential economic downturns, advising caution for investors.
For further insights into GB:ALNA stock, check out TipRanks’ Stock Analysis page.