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Saudi Company for Hardware (SACO) Announces the opening of its store in Khamis Mushait

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Announcement Detail SACO announces opening of (SACO ) store in Khamis Mushait City on Tuesday 15-12-2020, with an area of (5,629) Sq. meters and unique location at king Fahad road , the 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 Store will start as of the Fourth quarter of financial year 2020. It is worth mentioning that this store will replace the store at the same city which was operated by a franchisee.

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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