SASCO launches SAR 5.2m investment

Riyadh – Mubasher: Saudi Automotive Services Co (SASCO) on Sunday announced the operating of its new station on Sail Road (Taif/Makkah).

The investment is worth about SAR 5.2 million, with expectations to gradually contribute higher levels of operating revenues, according to a bourse statement issued on Sunday.

SASCO noted that the financial impact from this investment will show on the financial statements of the fourth quarter of 2017.

The company added that this is the fifth station to open since the beginning of 2017, providing fuel services, a convenience store, several branded restaurants, coffee shops, and ATM services.

Mubasher Contribution Time: 02-Jul-2017 13:54 (GMT)
Mubasher Last Update Time: 02-Jul-2017 14:11 (GMT)