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IN BRIEF: Alina Holdings net asset value dips in full year

31st May 2022 21:25

Alina Holdings PLC - Warminster, England-based real estate investment trust - Says net asset value at December 31 was GBP6.2 million or 27.5 pence per share, down from GBP6.5 million or 28.8p per share at year prior, with both figures based on 22.7 million issued shares. Net rental income in 2021 is GBP301,000, compared to GBP439,000 in the fifteen months to December 31, 2020. Pretax loss narrows to GBP294,000 from GBP465,000 across the same comparative periods. Declares no dividend with respect to the year, will continue to review its dividend policy. The firm acknowledges potential opportunities for acquisitions stemming from the correction in the financial markets, but warns out stagflation in the US as a result of the war in Ukraine, and Covid in China.

Current stock price: 19.00 pence, down 2.8% on Tuesday

12-month change: down 9.5%

By Elizabeth Winter; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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