Retailing and Operation Division

Saudi Automotive Services Company (SASCO) announces start operation of fuel station located at Buraydah City

20 June 2022
Retailing and Operation Division

ELEMENT LIST

EXPLANATION

Announcement Detail

Saudi Automotive Services Company (SASCO) announces that on 20 June, 2022 start operating of station located at Buraydah City Exit (15) With an area of 40,000 square meters, which providing fuel services, convenience store together with many branded restaurants, coffee shops and ATM services.

 

The total investment of this location is about SAR 11 million (financing by banking facilities with local banks).

 

It’s expected to contribute gradually increasing levels of operating revenues, therefore the financial impact will show on the 3rd quarter of 2022, note that there are no related parties.