Southern Alliance Mining's Attributable Loss Widens by 435% in Fiscal H2

MT Newswires

2025/09/26

Southern Alliance Mining's (SGX:QNS) attributable loss to equity holders widened 435% in the fiscal second half ended July 31 to 17 million ringgit from 3.2 million ringgit a year earlier, according to a Friday filing with the Singapore Exchange.

Loss per share widened to 0.0348 ringgit compared with 0.0065 ringgit in the comparable period.

Revenue jumped 75% year over year to 129.2 million ringgit from 73.6 million ringgit, driven by new revenue stream from sales of bauxite.

Shares of the mining company plunged nearly 9% at the close of trading on Friday.

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