Riyadh – Mubasher: Saudi Company for Hardware inaugurated on Wednesday, 6 December a store of (SACO World) in Dammam,Al Faisaliah, West Avenue Mall.
The new store is expected to enhance the firm’s profits and to impact positively on the shareholders, according to a statement on Thursday to the Saudi Stock Exchange (Tadawul).
The financial impact of opening the store will appear in the fourth quarter of 2017, SACO added.
The store spanned over 8,600 square meters.
“This opening will bring the total number of SACO stores to 29 in [the] Kingdom wide, and bringing the total number of SACO WORLD stores to 5,” the statement added.
“This opening is the Fourth opening for SACO in 2017, and bringing the total added sales area to 23,854 square metres during 2017,” SACO's statement noted.