SASCO launches new SAR20m station in Makkah

Riyadh - Mubasher: Saudi Automotive Services Company (SASCO) announced that will begin today, Tuesday 24 January, the operating of a new (SASCO Plus) station located on Makkah–Jeddah highway in Al-Zaidi district, Makkah, the report indicated.

The site investment volume amounted to about SAR 20 million, and the area of this site is about 30,000 square meters, according to the company’s statement to the Saudi Stock Exchange on Tuesday.

The project was financed through banking facilities with local banks, and it is expected to contribute in gradually increasing of the operating revenues and it will be reflected on the operating profits of the company, therefore the financial impact will be shown in Q2-17.

The station is providing fuel services, and included a convenience store, coffee shops and ATM services, the statement added.

Mubasher Contribution Time: 24-Jan-2017 16:29 (GMT)
Mubasher Last Update Time: 24-Jan-2017 16:29 (GMT)