Gallant Venture Ltd. reported earnings results for the six months and full year ended December 31, 2022. For the six months, the company reported sales was SGD 91.07 million compared to SGD 72.55 million a year ago. Net income was SGD 4.03 million compared to net loss of SGD 30.32 million a year ago. Basic earnings per share from continuing operations was SGD 0.00074 compared to Basic loss per share from continuing operations of SGD 0.00556 a year ago. Diluted earnings per share from continuing operations was SGD 0.00074 compared to Diluted loss per share from continuing operations of SGD 0.00556 a year ago.

For the full year, the company reported sales was SGD 166.84 million compared to SGD 145.11 million a year ago. Net loss was SGD 12.78 million compared to SGD 55.58 million a year ago. Basic loss per share from continuing operations was SGD 0.00234 compared to SGD 0.01021 a year ago. Diluted loss per share from continuing operations was SGD 0.00234 compared to SGD 0.01021 a year ago.