02
Oct
03:51
Southern Alliance narrows second-half losses on higher revenue
Singapore-listed Malaysian iron ore producer Southern Alliance Mining saw loss narrow in the second half-year, ended 31 July 2023, amid higher revenue, Kallanish notes.
The miner says in a statement that its net loss significantly narrowed to MYR 800,000 ($170,576) for the second half, from MYR 7 million in the first half.
The firm achieved strong sequential improvement of 37.8% in H2 group revenue to MYR 71.9m compared to MYR 52.2m in H1.
However, intense overb…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous