SACO opens new store in Hafr Al Batin
18/09/2017
Argaam
Saudi Company for Hardware (SACO) opened on Sunday a new store in Hala Mall, Hafr Al Batin City, bringing its total number of branches to 28 in the Kingdom.
The 4,554 square-meter (sqm) branch is expected to increase turnover and profitability for the company, SACO said in a bourse statement.
Financial impact of the store opening will be reflected on Q3 2017 financials, SACO added in its statement.
This branch is the third new opening by SACO this year, bringing the total sales area added in 2017 to 15,254 sqm.
Market Indices
TASI
10,542.23
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(0.45 %)
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SACO
17.18
(0.34)
(1.94%)
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