Southern Magnesium and Chemicals Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 6.484 million compared to INR 17.979 million a year ago. Net loss was INR 1.372 million compared to net income of INR 9.359 million a year ago. Basic loss per share was INR 0.46 compared to basic earnings per share of INR 3.12 a year ago. For the nine months, total revenue was INR 15.244 million compared to INR 36.262 million a year ago. Net loss was INR 304,000 compared to net income of INR 16.184 million a year ago. Basic loss per share was INR 0.1 compared to basic earnings per share of INR 5.4 a year ago.