Al Arafa for Investment and Consultancies Company (S.A.E) reported earnings results for the third quarter and nine months ended October 31, 2021. For the third quarter, the company reported sales was USD 52.9 million compared to USD 30.14 million a year ago. Net income was USD 2.18 million compared to USD 11.9 million a year ago. For the nine months, sales was USD 119.94 million compared to USD 85.88 million a year ago. Net loss was USD 10.65 million compared to net income of USD 1.18 million a year ago.