Southern Alliance Mining Ltd. reported earnings results for the half year ended January 31, 2023. For the half year, the company reported sales was MYR 52.18 million compared to MYR 98.49 million a year ago. Net loss was MYR 7.01 million compared to net income of MYR 19.35 million a year ago.

Basic loss per share from continuing operations was MYR 0.0143 compared to basic earnings per share from continuing operations of MYR 0.0396 a year ago.