Caravelle International Group reported earnings results for the full year ended October 31, 2022. For the full year, the company reported revenue was USD 185.35 million compared to USD 121.96 million a year ago. Net income was USD 12.23 million compared to USD 5.31 million a year ago.

Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.11 a year ago.