The Saudi Marketing Company (SAMCO), the newly listed company, is seeking to raise annual sales and net profits by 18% through expanding its branches network, the annual board report said.
The company also intends to open 8 new Farm Superstores branches, 2 Mini Markets and 1 Adventures World Entertainment Center during 2014. The following table shows the number of SAMCO owned stores and centers from 2009 till now:
|
Farm Superstores Branches |
||||
|
Adventure World Entertainment Centers |
Wholesale Outlets |
Mini Markets |
Supermarkets |
Year |
|
3 |
3 |
9 |
31 |
2009 |
|
4 |
3 |
13 |
35 |
2010 |
|
5 |
3 |
16 |
37 |
2011 |
|
6 |
3 |
21 |
42 |
2012 |
|
7 |
3 |
20 |
45 |
2013 |
|
8 |
3 |
22 |
53 |
*2014 |
* targeted
SAMCO posted a net profit of SAR 95.1m in 2013, 21% higher than 2012.
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