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IN BRIEF: Alina widens interim loss as rental income falls sharply

2nd Aug 2022 17:34

Alina Holdings PLC - Warminster, England-based real estate investment trust - Widens pretax loss to GBP327,000 in the first half of 2022 from GBP82,000 the same period a year prior.

Net rental income drops to GBP38,000 from GBP146,000. Reported book value per share at June 30 GBP0.26, down from GBP0.28 at the same time a year prior.

Notes mark-to-market declines in its quoted holdings during the half. Firm remains cautious regarding the macro-economic outlook, adding it does not believe it is "safe to get back into the water yet".

Current stock price: 18.21 pence

12-month change: down 11%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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