Southern Alliance Mining 1HFY2026 revenue jumps 95% to MYR137.3 million as loss before tax narrows 83% to MYR2.01 million

Reuters

Mar 12

Southern Alliance Mining 1HFY2026 revenue jumps 95% to MYR137.3 million as loss before tax narrows 83% to MYR2.01 million

Southern Alliance Mining reported 1HFY2026 revenue of RM137.3 million, up 95% y-o-y, driven mainly by its newly acquired 40% stake in MCRE Resources, which contributed RM63.1 million from sales of 580 dry metric tonnes of rare earth oxide. Gross profit was RM5.44 million in 1HFY2026. Loss before tax narrowed 83% to RM2.01 million. Loss attributable to equity holders narrowed 59% to RM4.2 million. Managing Director Pek Kok Sam said the integration of the rare earth business lifted revenue and gross margins, and the company expects improved performance for the full year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Alliance Mining Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: STMFHI5KNG3CZP82) on March 12, 2026, and is solely responsible for the information contained therein.

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ID: STMFHI5KNG3CZP82) on March 12, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QNS.SI","symbol_name":"SouthernAlliance","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260312:nNDL2JdVLt:1","article_id":"2618138431","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618138431","pubTimestamp":1773310230,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Southern Alliance Mining reported 1HFY2026 revenue of RM137.3 million, up 95% y-o-y, driven mainly by its newly acquired 40% stake in MCRE Resources, which contributed RM63.1 million from sales of 580 dry metric tonnes of rare earth oxide. 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Southern Alliance Mining Ltd. published the original content used to generate this news brief via Singapore Exchange Limit","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QNS.SI":"SouthernAlliance","LU0188438112.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" ACC","BK6001":"钢铁","LU1119993845.HKD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (HKDHDG) INC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU2242646821.SGD":"Fidelity Global Dividend Plus A-MINCOME(G)-SGD","SG9999013478.USD":"利安新加坡股息基金","LU1920063259.USD":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (USDHDG) INC","LU2242652126.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) INC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU2401740654.USD":"FIDELITY SUSTAINABLE GLOBAL DIVIDEND PLUS \"A\" (USD) INC","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","LU1920062954.HKD":"FIDELITY FUNDS GLOBAL DIVIDEND PLUS \"A\" (HKDHDG) INC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK6033":"金融交易所和数据","LU2242646235.USD":"FIDELITY FUNDS GLOBAL DIVIDENDS PLUS \"A\" (USD) ACC","LU0205439572.USD":"富达亚太股息基金","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK6507":"矿产资源股","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6516":"银行与投资服务概念","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","LU0877626530.USD":"FIDELITY ASIA PACIFIC DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","BK6523":"ESG概念","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","LU0326948709.USD":"SCHRODER ISF ASIAN TOTAL RETURN \"A\" (USD) ACC","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC"},"translate_title":"Southern Alliance Mining 2026财年上半年收入增长95%至1.373亿令吉，税前亏损收窄83%至201万令吉","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QNS.SI":1.96},"content_text":"Southern Alliance Mining 1HFY2026 revenue jumps 95% to MYR137.3 million as loss before tax narrows 83% to MYR2.01 million\n    \n\n        Southern Alliance Mining reported 1HFY2026 revenue of RM137.3 million, up 95% y-o-y, driven mainly by its newly acquired 40% stake in MCRE Resources, which contributed RM63.1 million from sales of 580 dry metric tonnes of rare earth oxide. Gross profit was RM5.44 million in 1HFY2026. Loss before tax narrowed 83% to RM2.01 million. Loss attributable to equity holders narrowed 59% to RM4.2 million. Managing Director Pek Kok Sam said the integration of the rare earth business lifted revenue and gross margins, and the company expects improved performance for the full year.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Alliance Mining Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: STMFHI5KNG3CZP82) on March 12, 2026, and is solely responsible for the information contained therein.","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":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}