Saudi Company for Hardware (SACO) on Wednesday said it will open its fifth SACO World showroom in the country.

 

The 8,600-square-meter showroom in Dammam is the fourth one to open this year, taking the total added sales area to 23,854 square metres in 2017. The country now has 29 SACO stores, the company said in a statement.

 

The new showroom is expected to increase the turnover and profitability and will positively reflect on the shareholders. The financial impact will start from fourth quarter 2017, the statement said.

 

In July, chief executive Sameer Mohammad Al Hamaidi told Argaam that the company plans to open 35 showrooms by the end of 2018.

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