Saudi Company for Hardware (SACO) has announced the opening of a new store in Jubail Industrial City, the company said in a bourse statement.

 

The 5,142 square meters (sqm) store will replace the existing SACO store in Jubail, spanning across 2,009 sqm.

 

“The new store opening is expected to increase the turnover and profitability of the company and will positively reflect on the shareholders,” the statement said.

 

The financial impact of the new store will begin as of Q3 2019.

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