Etaireia Investments posts a loss from continuing operations of £203,647 for the year to the end of March -down from £363,122 in 2015.
The group's net assets at the end of the period were £2,318,194 (2015: £2,133,766).
Chairman Baron Bloom said: "The board is aware that the Group needs to generate income and work has continued with limited cash resources to explore all opportunities within our current portfolio.
"Negotiations with various parties to develop the land at Dalry and Roystonhill continue and announcements in this respect are anticipated in due course.
"During the period the company raised a total of £132,000 by way of subscription of new ordinary shares and a total of £90,000 loan notes were converted to equity.
"There have been no other material events, transactions or developments during the period."