Raydan Food Co. will open today, Oct. 14, a franchise branch in Khamis Mushayt, Abha, according to a bourse filing.
The relevant financial impact will appear on the company’s Q4 2020 revenue, the statement added.
In August 2019, Raydan inked a five-year franchise agreement with Abdel Hafez Ahmed Co. to act as an agent for the company in three locations in the Southern Province, Argaam reported.
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