‎SASCO operates Buraydah location with SAR 11 mln investment

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One of SASCO stations


Saudi Automotive Companies Co. (SASCO) started this day, June 20, the operation of Buraydah Metropolis Exit 15 location that spans 40,000 square meters, in maintaining with a bourse filing.

The location offers gas and present services and products and has many eating areas, coffee shops and ATMs.

The entire investment in the location is SAR 11 million, acknowledged the firm, including that the challenge became financed by strategy of banking facilities signed with local banks.

The firm expects the contemporary location to make a contribution to step by step increasing revenues, which would possibly perchance positively impact working profit. It also forecasts the monetary impact to replicate on monetary outcomes for the third quarter of 2022, noting that there don’t look like any related events.