Mount Gibson Iron Limited reported earnings results for the half year ended December 31, 2022. For the half year, the company reported sales was AUD 152.03 million compared to AUD 27.34 million a year ago. Revenue was AUD 152.75 million compared to AUD 28.79 million a year ago.

Net income was AUD 7.36 million compared to net loss of AUD 65.6 million a year ago. Basic earnings per share from continuing operations was AUD 0.0061 compared to basic loss per share from continuing operations of AUD 0.0551 a year ago. Diluted earnings per share from continuing operations was AUD 0.0061 compared to diluted loss per share from continuing operations of AUD 0.0551 a year ago.