Codan Limited revised earnings guidance for the first half year ended 31 December 2022. At the AGM in October 2022, the company's Board expected that revenue for first half of fiscal 2023 would be in the range of $198 million to $215 million and this would generate a net profit after tax between $25 million and $30 million. The company reported that the net profit after tax may now approach $31 million for first half of fiscal 2023.