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Saudi Automotive Services Company (SASCO) announces start operation of new station (SASCO Plus) located on Taif/Riyadh Road

SASCO 4050 45.52% 81.20 25.40

Saudi Automotive Services Company (SASCO) announces that on August 16, 2018 start operating of new station (SASCO Plus) on Taif/Riyadh Road at Zulum Area.
Total site area is about 30,000 square meters, and it is providing fuel services, convenience store together with many branded restaurants, coffee shops and ATM services.
The total investment about SAR 12 million in this station (financing by banking facilities with local banks), It’s expected to contribute gradually increasing levels of operating revenues therefore the financial impact will show on the 4th quarter of 2018, Note that there are no related parties.

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