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SACO mulls raising number of branches to 35 at end-2018

SACO mulls raising number of branches to 35 at end-2018
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Riyadh-Mubasher:  Saudi Company for Hardware (SACO) said it plans to raise the number of its branches in Saudi Arabia to 35 at the end of 2018 from 25 in 2015, according to the company's statement to the Saudi bourse.

In addition, the company plans to launch the e-sale service through its website, which will be reflected on FY16 financial results.

The expansion strategy will be financed through the company's own sources and Islamic banking facilities, the statement added.