Riyadh – Mubasher: Saudi Company for Hardware (SACO) has opened a new store in Jubail on Sunday, 4 August.

Spread over an area of 5,142 square metres, the new store is located at Jubail industrial city, according to the company’s filing to the Saudi Stock Exchange (Tadawul) on Monday.

The new store opening is expected to increase the turnover and profitability of the company and will positively reflect on the Shareholders.

SACO noted that the financial impact of the store will start as of the third quarter of 2019.