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United Electronics Company (eXtra) announces the opening of its Second Branch in Taif

EXTRA 4003 0.53% 95.60 0.50
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Announcement Detail United Electronics Company (eXtra) announces the opening of its Branch in Taif on 1st of August 2019, which located in Al Seteen Street, Ash shafaa road, As sadad district. Bringing the total numbers of eXtra stores to Forty-Seven in GCC.

Extra CEO Mr. Mohammed Galal said (we are assured that our Company is working according to a clear strategy for expansion, to be more closer to its customers, Our ongoing investment in expansion by opening new stores or developing the E-commerce platform (extra.com) is based on well study and understanding of the market and customers demand, the new store in Taif with a selling area of 1,600 square meters is a new step towards our long term strategy of development and expansion), The total investment in the new store reached SR11 million and the financial impact of this new store will start in the 3rd quarter of 2019

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