Saudi Company for Hardware (SACO) opened its 31st store in Atyaf Mall in the Yarmouk district of Riyadh, announced the company in a Tadawul statement.
The opening of the store, spanning an area of 5,200 square metres, will leave SACO’s footprint in 17 cities throughout the Kingdom.
Being the second opening for SACO in 2018, the new store is expected to increase the turnover and profitability of the company to reflect positively on the shareholders, noted the statement.
“The financial impact of the new store will start from the fourth quarter (Q4) of 2018,” the statement said.
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