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Saudi Company for Hardware (SACO) Announces the opening of its New store in Jeddah.

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Announcement Detail SACO announces opening of new (SACO ) store in Jeddah City on Tuesday evening 22-09-2020, with an area of (5,517) Sq. meters and unique location at (Town Square) Al Jamiah district , The new store opening is expected to increase the turnover and profitability of the company and will positively reflect on the Shareholders. The financial impact of this new Store will start as of the Third quarter of fiscal year 2020. It is worth mentioning that this opening will increase the total number of SACO stores to (35) stores, covering (18) cities Kingdom wide.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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