Southern Alliance Mining warns of gross and net loss for H1 2025

The net loss is expected to be higher than that of the same period last year.

Southern Alliance Mining expects to report a gross loss for H1 FY2025 from a gross profit for the same period last year.

The company also expects a higher net loss.

This will be mainly due to a decrease in the average realised selling price for iron ore concentrate, crushed iron ore, and iron ore tailing for H1 FY2025, influenced by the slowdown in demand from China’s steel industry.

The company will announce its unaudited financial results for the period by 17 March.

In the meantime, shareholders and investors are advised to exercise caution when dealing in the shares of the company.

Follow the link for more news on

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia