Saudi Hardware Co. (SACO), on Monday opened a new store in Jazan, bringing the total number of its stores in Saudi Arabia to 25.
The company said in a statement to Tadawul that the new store, with an area of over 4,300 square meters, is expected to boost turnover and shareholder profitability.
The financial impact of the new store will begin from the third quarter of this year, the company said.
In June, a SACO store in Yanbu was temporarily closed by the region’s Royal Commission due to misleading promotional offers.
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