SouthernAlliance QNS
SGD 0.415
+2.41% +0.01 Updated 21 Oct 2026, 17:16 SGT
Financials
Annual Report 2025
Explore the statements
12 tablesConsolidated Statement of Comprehensive Income (Group)
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, FY ended 31 July 2025 | 2024Group, FY ended 31 July 2024 | Source |
|---|---|---|---|
| Income statement | |||
| RevenueRM'000 | 199,460 | 165,848 | PDF p. 106 |
| Cost of salesRM'000 | (196,365) | (156,764) | PDF p. 106 |
| Gross profitRM'000 | 3,095 | 9,084 | PDF p. 106 |
| Other incomeRM'000 | 12,231 | 8,378 | PDF p. 106 |
| Other operating expensesRM'000 | (863) | (1,135) | PDF p. 106 |
| General and administrative expensesRM'000 | (42,820) | (16,696) | PDF p. 106 |
| Share of loss of joint venturesRM'000 | (568) | (1,575) | PDF p. 106 |
| Gain on disposal of subsidiariesRM'000 | – | 118 | PDF p. 106 |
| Finance costsRM'000 | (2,641) | (685) | PDF p. 106 |
| Loss before taxRM'000 | (31,566) | (2,511) | PDF p. 106 |
| Income tax benefit/(expense)RM'000 | 4,215 | (1,966) | PDF p. 106 |
| Loss for the year, representing total comprehensive income for the yearRM'000 | (27,351) | (4,477) | PDF p. 106 |
| Attributable to | |||
| Equity holders of the parentRM'000 | (27,310) | (4,427) | PDF p. 106 |
| Non-controlling interestRM'000 | (41) | (50) | PDF p. 106 |
| Loss per share | |||
| Basic and dilutedsen per share (as printed, no unit stated; RM'000 header not applicable) | (5.59) | (0.91) | PDF p. 106 |
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Definitions & sources
Original report: PDF p. 106 ↗
Header states FOR THE FINANCIAL YEAR ENDED 31 JULY 2025; amounts in RM’000. Loss per share unit not printed on the face; the page shows no sen/RM label. The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Financial Position - Group
34 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, as at 31 July 2025 | 2024Group, as at 31 July 2024 | Source |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipmentRM'000 | 41,164 | 65,692 | PDF p. 107 |
| Mine propertiesRM'000 | 63,600 | 56,409 | PDF p. 107 |
| Exploration and evaluation assetsRM'000 | 14,267 | 11,688 | PDF p. 107 |
| Investment in subsidiariesRM'000 | – | – | PDF p. 107 |
| Investment in redeemable preference sharesRM'000 | – | – | PDF p. 107 |
| Investment securitiesRM'000 | 43 | 54 | PDF p. 107 |
| Investment in joint venturesRM'000 | 9,540 | 17,507 | PDF p. 107 |
| Other non-current assetsRM'000 | 21,352 | 13,619 | PDF p. 107 |
| SubtotalRM'000 | 149,966 | 164,969 | PDF p. 107 |
| Current assets | |||
| InventoriesRM'000 | 46,816 | 18,640 | PDF p. 107 |
| Trade and other receivablesRM'000 | 22,772 | 21,973 | PDF p. 107 |
| Contract assetsRM'000 | 4,781 | 2,336 | PDF p. 107 |
| PrepaymentsRM'000 | 9,246 | 10,191 | PDF p. 107 |
| Cash and bank balancesRM'000 | 113,755 | 141,680 | PDF p. 107 |
| Income tax recoverableRM'000 | 23,105 | 26,318 | PDF p. 107 |
| SubtotalRM'000 | 220,475 | 221,138 | PDF p. 107 |
| Assets | |||
| Total assetsRM'000 | 370,441 | 386,107 | PDF p. 107 |
| Current liabilities | |||
| Loans and borrowingsRM'000 | 12,403 | 5,997 | PDF p. 107 |
| Trade and other payablesRM'000 | 43,543 | 22,019 | PDF p. 107 |
| SubtotalRM'000 | 55,946 | 28,016 | PDF p. 107 |
| Net current assetsRM'000 | 164,529 | 193,122 | PDF p. 107 |
| Non-current liabilities | |||
| Loans and borrowingsRM'000 | 1,612 | 11,435 | PDF p. 107 |
| Deferred tax liabilitiesRM'000 | 2,432 | 8,854 | PDF p. 107 |
| SubtotalRM'000 | 4,044 | 20,289 | PDF p. 107 |
| Liabilities | |||
| Total liabilitiesRM'000 | 59,990 | 48,305 | PDF p. 107 |
| Net assets | |||
| Net assetsRM'000 | 310,451 | 337,802 | PDF p. 107 |
| Equity attributable to owners of the Company | |||
| Share capitalRM'000 | 218,154 | 218,154 | PDF p. 107 |
| Treasury sharesRM'000 | (509) | (509) | PDF p. 107 |
| Retained earnings/(accumulated losses)RM'000 | 259,978 | 287,288 | PDF p. 107 |
| Merger reserveRM'000 | (167,829) | (167,829) | PDF p. 107 |
| SubtotalRM'000 | 309,794 | 337,104 | PDF p. 107 |
| Equity | |||
| Preference sharesRM'000 | 733 | 733 | PDF p. 107 |
| Non-controlling interestRM'000 | (76) | (35) | PDF p. 107 |
| Total equityRM'000 | 310,451 | 337,802 | PDF p. 107 |
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Definitions & sources
Original report: PDF p. 107 ↗
Group columns of the combined statement; AS AT 31 JULY 2025. The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Financial Position - Company
34 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company, as at 31 July 2025 | 2024Company, as at 31 July 2024 | Source |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipmentRM'000 | – | – | PDF p. 107 |
| Mine propertiesRM'000 | – | – | PDF p. 107 |
| Exploration and evaluation assetsRM'000 | – | – | PDF p. 107 |
| Investment in subsidiariesRM'000 | 183,381 | 188,065 | PDF p. 107 |
| Investment in redeemable preference sharesRM'000 | 12,000 | 10,000 | PDF p. 107 |
| Investment securitiesRM'000 | – | – | PDF p. 107 |
| Investment in joint venturesRM'000 | – | 3,024 | PDF p. 107 |
| Other non-current assetsRM'000 | 1,760 | 1,196 | PDF p. 107 |
| SubtotalRM'000 | 197,141 | 202,285 | PDF p. 107 |
| Current assets | |||
| InventoriesRM'000 | – | – | PDF p. 107 |
| Trade and other receivablesRM'000 | 102 | 166 | PDF p. 107 |
| Contract assetsRM'000 | – | – | PDF p. 107 |
| PrepaymentsRM'000 | 5,523 | 4,880 | PDF p. 107 |
| Cash and bank balancesRM'000 | 2,595 | 10,133 | PDF p. 107 |
| Income tax recoverableRM'000 | – | 30 | PDF p. 107 |
| SubtotalRM'000 | 8,220 | 15,209 | PDF p. 107 |
| Assets | |||
| Total assetsRM'000 | 205,361 | 217,494 | PDF p. 107 |
| Current liabilities | |||
| Loans and borrowingsRM'000 | – | – | PDF p. 107 |
| Trade and other payablesRM'000 | 1,812 | 1,911 | PDF p. 107 |
| SubtotalRM'000 | 1,812 | 1,911 | PDF p. 107 |
| Net current assetsRM'000 | 6,408 | 13,298 | PDF p. 107 |
| Non-current liabilities | |||
| Loans and borrowingsRM'000 | – | – | PDF p. 107 |
| Deferred tax liabilitiesRM'000 | – | – | PDF p. 107 |
| SubtotalRM'000 | – | – | PDF p. 107 |
| Liabilities | |||
| Total liabilitiesRM'000 | 1,812 | 1,911 | PDF p. 107 |
| Net assets | |||
| Net assetsRM'000 | 203,549 | 215,583 | PDF p. 107 |
| Equity attributable to owners of the Company | |||
| Share capitalRM'000 | 218,154 | 218,154 | PDF p. 107 |
| Treasury sharesRM'000 | (509) | (509) | PDF p. 107 |
| Retained earnings/(accumulated losses)RM'000 | (14,096) | (2,062) | PDF p. 107 |
| Merger reserveRM'000 | – | – | PDF p. 107 |
| SubtotalRM'000 | 203,549 | 215,583 | PDF p. 107 |
| Equity | |||
| Preference sharesRM'000 | – | – | PDF p. 107 |
| Non-controlling interestRM'000 | – | – | PDF p. 107 |
| Total equityRM'000 | 203,549 | 215,583 | PDF p. 107 |
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Definitions & sources
Original report: PDF p. 107 ↗
Company columns of the combined statement; AS AT 31 JULY 2025. The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Consolidated Statement of Comprehensive Income (Group)
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, FY ended 31 July 2025 | 2024Group, FY ended 31 July 2024 | Source |
|---|---|---|---|
| Income statement | |||
| RevenueRM'000 | 199,460 | 165,848 | PDF p. 106 |
| Cost of salesRM'000 | (196,365) | (156,764) | PDF p. 106 |
| Gross profitRM'000 | 3,095 | 9,084 | PDF p. 106 |
| Other incomeRM'000 | 12,231 | 8,378 | PDF p. 106 |
| Other operating expensesRM'000 | (863) | (1,135) | PDF p. 106 |
| General and administrative expensesRM'000 | (42,820) | (16,696) | PDF p. 106 |
| Share of loss of joint venturesRM'000 | (568) | (1,575) | PDF p. 106 |
| Gain on disposal of subsidiariesRM'000 | – | 118 | PDF p. 106 |
| Finance costsRM'000 | (2,641) | (685) | PDF p. 106 |
| Loss before taxRM'000 | (31,566) | (2,511) | PDF p. 106 |
| Income tax benefit/(expense)RM'000 | 4,215 | (1,966) | PDF p. 106 |
| Loss for the year, representing total comprehensive income for the yearRM'000 | (27,351) | (4,477) | PDF p. 106 |
| Attributable to | |||
| Equity holders of the parentRM'000 | (27,310) | (4,427) | PDF p. 106 |
| Non-controlling interestRM'000 | (41) | (50) | PDF p. 106 |
| Loss per share | |||
| Basic and dilutedas printed (no unit shown; per share) | (5.59) | (0.91) | PDF p. 106 |
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Definitions & sources
Original report: PDF p. 106 ↗
No separate other comprehensive income items; loss for the year represents total comprehensive income.
Statements of Changes in Equity - Group, 2025
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group - Share capital | 2025Group - Treasury shares | 2025Group - Merger reserve | 2025Group - Retained earnings | 2025Group - Total attributable to owners of the Company | 2025Group - Preference shares | 2025Group - Non-controlling interests | 2025Group - Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group 2025 | |||||||||
| Opening balance at 1 August 2024RM'000 | 218,154 | (509) | (167,829) | 287,288 | 337,104 | 733 | (35) | 337,802 | PDF p. 108 |
| Loss for the year representing total comprehensive incomeRM'000 | – | – | – | (27,310) | (27,310) | – | (41) | (27,351) | PDF p. 108 |
| Closing balance at 31 July 2025RM'000 | 218,154 | (509) | (167,829) | 259,978 | 309,794 | 733 | (76) | 310,451 | PDF p. 108 |
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Definitions & sources
Original report: PDF p. 108 ↗
Column order printed: Share capital (Note 23), Treasury shares (Note 23), Merger reserve (Note 25), Retained earnings, Total, Preference shares (Note 24), Non-controlling interests, Total equity. Total is attributable to owners of the Company.
Statements of Changes in Equity - Group, 2024
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group - Share capital | 2024Group - Treasury shares | 2024Group - Merger reserve | 2024Group - Retained earnings | 2024Group - Total attributable to owners of the Company | 2024Group - Preference shares | 2024Group - Non-controlling interests | 2024Group - Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group 2024 | |||||||||
| Opening balance at 1 August 2023RM'000 | 218,154 | (509) | (163,380) | 291,715 | 345,980 | 733 | 15 | 346,728 | PDF p. 108 |
| Loss for the year representing total comprehensive incomeRM'000 | – | – | – | (4,427) | (4,427) | – | (50) | (4,477) | PDF p. 108 |
| Effects on under provision of previous years’ deferred tax (Note 9(b))RM'000 | – | – | (4,449) | – | (4,449) | – | – | (4,449) | PDF p. 108 |
| Closing balance at 31 July 2024RM'000 | 218,154 | (509) | (167,829) | 287,288 | 337,104 | 733 | (35) | 337,802 | PDF p. 108 |
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Definitions & sources
Original report: PDF p. 108 ↗
Same column order as Group 2025 table.
Statements of Changes in Equity - Company, 2025
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company - Share capital | 2025Company - Treasury shares | 2025Company - (Accumulated losses)/Retained earnings | 2025Company - Total equity | Source |
|---|---|---|---|---|---|
| Company 2025 | |||||
| Opening balance at 1 August 2024RM'000 | 218,154 | (509) | (2,062) | 215,583 | PDF p. 109 |
| Loss for the year representing total comprehensive incomeRM'000 | – | – | (12,034) | (12,034) | PDF p. 109 |
| Closing balance at 31 July 2025RM'000 | 218,154 | (509) | (14,096) | 203,549 | PDF p. 109 |
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Definitions & sources
Original report: PDF p. 109 ↗
Share capital and Treasury shares refer to Note 23.
Statements of Changes in Equity - Company, 2024
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Company - Share capital | 2024Company - Treasury shares | 2024Company - (Accumulated losses)/Retained earnings | 2024Company - Total equity | Source |
|---|---|---|---|---|---|
| Company 2024 | |||||
| Opening balance at 1 August 2023RM'000 | 218,154 | (509) | 3,441 | 221,086 | PDF p. 109 |
| Loss for the year representing total comprehensive incomeRM'000 | – | – | (5,503) | (5,503) | PDF p. 109 |
| Closing balance at 31 July 2024RM'000 | 218,154 | (509) | (2,062) | 215,583 | PDF p. 109 |
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Definitions & sources
Original report: PDF p. 109 ↗
Consolidated Statement of Cash Flows (Group) - operating and investing activities
32 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Operating activities | |||
| Loss before taxRM'000 | (31,566) | (2,511) | PDF p. 110 |
| Operating activities - Adjustments for | |||
| Interest expensesRM'000 | 2,641 | 685 | PDF p. 110 |
| Interest incomeRM'000 | (4,976) | (5,954) | PDF p. 110 |
| Unrealised loss/(gain) on foreign exchangeRM'000 | 4,327 | (932) | PDF p. 110 |
| Depreciation of property, plant and equipmentRM'000 | 12,122 | 16,918 | PDF p. 110 |
| Impairment of investment in joint venturesRM'000 | 7,155 | – | PDF p. 110 |
| Impairment of mining assetsRM'000 | 18,865 | – | PDF p. 110 |
| Gain on disposal of property, plant and equipmentRM'000 | (4,912) | (713) | PDF p. 110 |
| Amortisation of mine propertiesRM'000 | 9,710 | 5,130 | PDF p. 110 |
| Fair value loss on investment securitiesRM'000 | 11 | 38 | PDF p. 110 |
| Share of loss of joint venturesRM'000 | 568 | 1,575 | PDF p. 110 |
| Gain on disposal of subsidiariesRM'000 | – | (118) | PDF p. 110 |
| Gain on lease modificationRM'000 | – | (11) | PDF p. 110 |
| Asset written-offRM'000 | 82 | 1,425 | PDF p. 110 |
| Operating activities | |||
| Total adjustmentsRM'000 | 45,593 | 18,043 | PDF p. 110 |
| Operating cash flows before changes in working capitalRM'000 | 14,027 | 15,532 | PDF p. 110 |
| Changes in working capital | |||
| Increase in inventoriesRM'000 | (18,609) | (1,989) | PDF p. 110 |
| Increase in trade and other receivables and contract assetsRM'000 | (8,653) | (6,800) | PDF p. 110 |
| Decrease/(increase) in prepaymentsRM'000 | 964 | (3,030) | PDF p. 110 |
| Increase in trade and other payablesRM'000 | 12,626 | 4,812 | PDF p. 110 |
| Total working capital changesRM'000 | (13,672) | (7,007) | PDF p. 110 |
| Operating activities | |||
| Cash flows generated from operationsRM'000 | 355 | 8,525 | PDF p. 110 |
| Income taxes refundedRM'000 | 1,006 | 2,969 | PDF p. 110 |
| Interest receivedRM'000 | 3,641 | 4,127 | PDF p. 110 |
| Interest paidRM'000 | (996) | (685) | PDF p. 110 |
| Net cash generated from operating activitiesRM'000 | 4,006 | 14,936 | PDF p. 110 |
| Investing activities | |||
| Investment in exploration and evaluation assetsRM'000 | (2,469) | (4,388) | PDF p. 110 |
| Purchase of property, plant and equipmentRM'000 | (1,022) | (2,987) | PDF p. 110 |
| Proceeds from disposal of property, plant and equipmentRM'000 | 3,823 | 805 | PDF p. 110 |
| Uplift of term depositsRM'000 | 7,131 | 3,643 | PDF p. 110 |
| Investment in mine infrastructuresRM'000 | (24,694) | (15,713) | PDF p. 110 |
| Net cash used in investing activitiesRM'000 | (17,231) | (18,640) | PDF p. 110 |
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Definitions & sources
Original report: PDF p. 110 ↗
Statement continues on page 111 (financing activities and closing cash).
Consolidated Statement of Cash Flows (Group) - financing activities and closing cash
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Financing activities | |||
| Repayment of lease and hire-purchase liabilitiesRM'000 | (5,687) | (7,361) | PDF p. 111 |
| Repayment of term loanRM'000 | (1,730) | – | PDF p. 111 |
| Drawdown of credit facilityRM'000 | 4,000 | – | PDF p. 111 |
| Net cash used in financing activitiesRM'000 | (3,417) | (7,361) | PDF p. 111 |
| Net change in cash | |||
| Net decrease in cash and cash equivalentsRM'000 | (16,642) | (11,065) | PDF p. 111 |
| Deconsolidation of subsidiariesRM'000 | – | (999) | PDF p. 111 |
| Effect of exchange rate changes on cash and cash equivalentsRM'000 | (4,137) | 795 | PDF p. 111 |
| Cash and cash equivalents at beginning of financial yearRM'000 | 134,534 | 145,803 | PDF p. 111 |
| Cash and cash equivalents at end of financial yearRM'000 | 113,755 | 134,534 | PDF p. 111 |
| Cash and cash equivalents comprise | |||
| Cash and bank balances (Note 20)RM'000 | 113,755 | 141,680 | PDF p. 111 |
| Cash and cash equivalents comprise - Less | |||
| Deposits more than three monthsRM'000 | – | (7,146) | PDF p. 111 |
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Definitions & sources
Original report: PDF p. 111 ↗
Cash and cash equivalents comprise of the following at the reporting date: cash and bank balances less deposits more than three months; closing total 113,755 (2025) and 134,534 (2024).
Key Financial Highlights (Group, FY2023–FY2025)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2023Group, financial year (ended 31 July) | 2024Group, financial year (ended 31 July) | 2025Group, financial year (ended 31 July) | Source |
|---|---|---|---|---|
| Key Financial Highlights | ||||
| *EBIT (RM’000)RM’000 | (11,414) | (7,730) | (33,860) | PDF p. 11 |
| *PBT (RM’000)RM’000 | (9,660) | (2,511) | (31,566) | PDF p. 11 |
| *PAT (RM’000)RM’000 | (7,777) | (4,427) | (27,310) | PDF p. 11 |
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Definitions & sources
Original report: PDF p. 11 ↗
* The figures included an one-off non-cash impairment loss of RM26.1 million.
Figures are bar-chart data labels; year-to-value mapping follows chart axis order 2023, 2024, 2025 (EBITDA labels are laid out non-sequentially in the extracted text: 14,318, 7,222, (12,028)).
Loss per share (Note 10, Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Note 10 Loss per share | |||
| Loss attributable to owners of the Company (RM’000)RM’000 | (27,310) | (4,427) | PDF p. 136 |
| Weighted average number of ordinary shares for basic earnings per shares computation (’000)’000 shares | 488,759 | 488,759 | PDF p. 136 |
| Basic and fully diluted basis LPS (Malaysian cents per share)Malaysian cents per share | (5.59) | (0.91) | PDF p. 136 |
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Definitions & sources
Original report: PDF p. 136 ↗
Basic earnings per share are calculated by dividing profit for the year, net of tax, attributable to the owners of the Company by weighted average number of ordinary shares outstanding during the financial year.
Debt
Borrowings
Remaining maturities of loans and borrowings
| Item / unit | 2025RM'000 | 2024RM'000 | Source |
|---|---|---|---|
| Remaining maturities | |||
| On demand or within one yearRM'000 | 12,403 | 5,997 | PDF p. 156 |
| More than 1 year and less than 2 yearsRM'000 | 1,245 | 5,200 | PDF p. 156 |
| More than 2 years and less than 5 yearsRM'000 | 200 | 5,997 | PDF p. 156 |
| More than 5 yearsRM'000 | 167 | 238 | PDF p. 156 |
Notes
Total printed 14,015 (2025) and 17,432 (2024).
Borrowing notes 1 tables
Loans and borrowings (Group, secured)
| Item / unit | 2025RM'000 | 2024RM'000 | Source |
|---|---|---|---|
| Secured lease liabilities (Note 12) | |||
| CurrentRM'000 | 1,483 | 5,190 | PDF p. 156 |
| Non-currentRM'000 | 574 | 2,554 | PDF p. 156 |
| Total lease and hire purchase liabilitiesRM'000 | 2,057 | 7,744 | PDF p. 156 |
| Secured term loan and credit facility | |||
| CurrentRM'000 | 10,920 | 807 | PDF p. 156 |
| Non-currentRM'000 | 1,038 | 8,881 | PDF p. 156 |
| Total term loan and credit facilityRM'000 | 11,958 | 9,688 | PDF p. 156 |
| Secured loans and borrowings | |||
| CurrentRM'000 | 12,403 | 5,997 | PDF p. 156 |
| Non-currentRM'000 | 1,612 | 11,435 | PDF p. 156 |
| Total loans and borrowingsRM'000 | 14,015 | 17,432 | PDF p. 156 |
Notes
Maturity column printed: Current 2026; Non-current 2027 – 2032 (lease), 2027 (term loan). Term loan is denominated in RM, interest 1.75% per annum above the Bank's Cost of Funds; revolving credit denominated in RM, same rate. Facility secured by debenture over specific dump trucks. Average discount rate implicit in leases 5.25% (2024: 4.95%) per annum.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company does not have a fixed dividend policy. The form, frequency and amount of future dividends on the Company’s shares will depend on the Group’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may, in their absolute discretion, deem appropriate (“Dividend Factors”). Therefore, there is no assurance that dividends will be paid in the future or of the amount or timing of any future dividends. The Company may declare an annual dividend subject to the approval of the shareholders in a general meeting but the amount of such dividend shall not exceed the amount recommended by our Directors. The Directors may also declare an interim dividend without the approval of our shareholders. | Company | PDF p. 80 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend declared and recommended for the year ended 31 July 2025 | There is no dividend declared and recommended for the year ended 31 July 2025 as the Company intends to conserve cash in line with the Group’s business expansion strategy. | Company, year ended 31 July 2025 | PDF p. 80 |
Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Ernst & Young LLP | Group and Company | PDF p. 105 |
| Engagement partner | Alvin Phua | Group and Company | PDF p. 105 |
| Auditor's report date | 30 October 2025 | Group and Company · As at 2025-10-30 | PDF p. 105 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Basis of preparation - going concern | The consolidated financial statements of the Group have been prepared on the basis that it will continue to operate as a going concern. | Group | PDF p. 112 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Revenue recognition | Revenue recognition is considered as a key audit matter because revenue is a key financial performance measure which could create an incentive for revenue to be recognised prematurely. | Group | PDF p. 102 |
| Impairment assessment of Group’s mining assets | Management has identified impairment indicators at the reporting date for mining assets of Chaah Mine. | Group | PDF p. 102 |
Extracted from Annual Report 2025 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual Report 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.