Avarga Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was SGD 864.68 million compared to SGD 1,379.11 million a year ago. Net income was SGD 18.96 million compared to SGD 43.22 million a year ago.

Basic earnings per share from continuing operations was SGD 0.0209 compared to SGD 0.0476 a year ago. Diluted earnings per share from continuing operations was SGD 0.0209 compared to SGD 0.0476 a year ago.