SASCO begins ops at new station in Dammam

09/07/2017 Argaam

Saudi Automotive Services Company (SASCO) started operations on Sunday at its new SASCO Plus station on Dammam’s King Fahad Airport Road, the company said in a bourse statement.

 

SASCO has invested about SAR 16 million in the station, financed by banking facilities from local banks.

 

The station, which is the sixth one opened by SASCO since the start of 2017, is located on a site area of about 19,950 square meters.

 

Financial impact will show on Q4 2017 earnings, the company said, adding that there are no related parties.

 

SASCO was contracted by Saudi Arabia’s General Authority of Civil Aviation at King Fahad International Airport to construct and operate the station, the statement said. 

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