Thalassa Holdings (GB:THAL) has released an update.
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Thalassa Holdings Ltd has reported a positive shift in its 2024 interim results with a profit after tax of £0.24m compared to a loss in the previous year, and a significant increase in earnings per share and investment holdings. The company’s strategic investments have shown signs of recovery, and its recent stake acquisitions in the medical and spinal treatment sectors indicate a promising direction. Despite these improvements, the Chairman warns against market complacency, citing high US Federal and consumer debt levels, and advises a cautious approach in the current economic climate.
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