Southern Alliance Mining reports higher revenue and lower net loss in 1HFY2026

Teo Zheng Long03-12

The lower net loss was mainly attributable to the higher revenue achieved in the same period. Revenue for 1HFY2026 grew by 95.4% y-o-y to RM137.3 million.Southern Alliance Mining (SAM) QNS has ...

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Revenue for 1HFY2026 grew by 95.4% y-o-y to RM137.3 million.Southern Alliance Mining (SAM) QNS has ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/southern-alliance-mining-reports-higher-revenue-and-lower-net-loss-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Southern Alliance Mining reports higher revenue and lower net loss in 1HFY2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouthern Alliance Mining reports higher revenue and lower net loss in 1HFY2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-12 12:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/southern-alliance-mining-reports-higher-revenue-and-lower-net-loss-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Teo Zheng Long</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The lower net loss was mainly attributable to the higher revenue achieved in the same period. Revenue for 1HFY2026 grew by 95.4% y-o-y to RM137.3 million.Southern Alliance Mining (SAM) QNS has ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/southern-alliance-mining-reports-higher-revenue-and-lower-net-loss-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SO","symbol_name":"美国南方公司","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/results/southern-alliance-mining-reports-higher-revenue-and-lower-net-loss-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2619918156","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/capital/results/southern-alliance-mining-reports-higher-revenue-and-lower-net-loss-1hfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2619918156","pubTimestamp":1773288951,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The lower net loss was mainly attributable to the higher revenue achieved in the same period. Revenue for 1HFY2026 grew by 95.4% y-o-y to RM137.3 million.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SO":"美国南方公司"},"translate_title":"南方联盟矿业报告2026财年上半年收入增加，净亏损减少","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SO":1.5},"content_text":"The lower net loss was mainly attributable to the higher revenue achieved in the same period. Revenue for 1HFY2026 grew by 95.4% y-o-y to RM137.3 million.Southern Alliance Mining (SAM) QNS has reported a net loss of RM4.2 million for 1HFY2026 ended January 31, an improvement of 59.2% y-o-y compared against the net loss of RM10.3 million a year ago.\nThe lower net loss was mainly attributable to the higher revenue achieved in the same period. Revenue for 1HFY2026 grew by 95.4% y-o-y to RM137.3 million.\nThe higher topline was driven by the recent acquisition of 40% stake in MCRE Resources Sdn Bhd (MCRE), which contributed RM63.1 million through the sale of 580 dry metric tonnes (DMT) of rare earth oxide (REO).\nSAM says that additional revenue contribution came from a new bauxite sales contract at the Kahang Mine, which realised RM13.4 million from the sale of approximately 51,300 DMT, as well as crushed iron ore sales, which surged 212.5% y-o-y to 25,000 metric tonnes. \nWith the revenue jump, gross profit for 1HYF2026 turned positive at RM5.4 million, compared to a gross loss of RM7.1 million in 1HFY2025.\nAs at January 31, SAM’s cash and bank balance stood at RM111.4 million.\nWithin its iron ore segment, SAM states that its Chaah Mine has transitioned fully to underground operations, designed to improve long-term efficiency and production stability. \nAt the same time, SAM is upbeat on the progress at its Tenggaroh Gold Prospect, where 21.04% of assay samples have indicated potential gold mineralisation, presenting an attractive near-term exploration opportunity in a supportive gold price environment.\n\"Supported by our ongoing underground iron ore developments and exciting gold exploration prospects, we are highly confident in delivering an improved performance for the full year and generating sustainable, long-term value for our shareholders,\" says Dato’ Sri Pek Kok Sam, managing director of SAM.\nShares in Southern Alliance Mining closed flat on March 12 at 44 cents.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2619918156","isCrawlerRequest":true}