Alina Holdings Reports Profit, Chairman Cautions Investors

Alina Holdings PLC (GB:ALNA) has released an update.

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.

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