SASCO completes SAR 5.5 mln renovation work at Rafha station

08/08/2017 Argaam

Saudi Automotive Services Co. (SASCO) on Tuesday said it has completed the renovation of the Rafha Station on Hafr Al Batin-Rafha highway at a total cost of SAR 5.5 million, financed from local bank facilities.

 

The 15,000 square meter station includes a gas station, convenience store, motel and complementary services, the company said in a statement to Tadawul.

 

The renovation is expected to gradually increase SASCO’s operating revenue, and financial impact will be reflected in Q4 2017 results.

 

There are no related parties, SASCO said.

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