Alina Holdings PLC: 2024 Financial Performance Overview

Alina Holdings PLC has published its audited financial results for the year ending December 31, 2024. The company reported a reduced net loss of £327,000 compared to £1.123 million in 2023. Earnings per share also improved, recorded at a loss of 1.44p against 4.95p the previous year.

The company ended the year with cash reserves of £850,000, a decrease from £1.117 million in 2023. No financial holdings were reported, reflecting a shift in asset management strategy. Property assets were valued at £2.555 million, showing slight growth from £2.501 million.

The company's operating and administrative expenses were reduced, with a notable decrease in property operating expenses. Alina Holdings continues to operate without debt, relying on its property income for financing.