Al Arafa for Investment and Consultancies Company (S.A.E) reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported sales was USD 55.12 million compared to USD 52.9 million a year ago. Net income was USD 4.91 million compared to USD 2.18 million a year ago.
For the nine months, sales was USD 165.9 million compared to USD 119.94 million a year ago. Net income was USD 9.34 million compared to net loss of USD 10.65 million a year ago.