Southern Alliance Mining Ltd. reported earnings results for the full year ended July 31, 2023. For the full year, the company reported sales was MYR 124.09 million compared to MYR 178.68 million a year ago. Net loss was MYR 7.78 million compared to net income of MYR 16.27 million a year ago.

Basic loss per share from continuing operations was MYR 0.0159 compared to basic earnings per share from continuing operations of MYR 0.0333 a year ago.