Fairfax India Holdings Corporation reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 119.56 million compared to negative revenue of USD 145.89 million a year ago. Net income was USD 92.57 million compared to net loss of USD 117.72 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to basic loss per share from continuing operations of USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 0.65 compared to diluted loss per share from continuing operations of USD 0.83 a year ago.
For the full year, revenue was USD 237.53 million compared to USD 693.54 million a year ago. Net income was USD 191.44 million compared to USD 494.51 million a year ago. Basic earnings per share from continuing operations was USD 1.38 compared to USD 3.38 a year ago. Diluted earnings per share from continuing operations was USD 1.34 compared to USD 3.22 a year ago.