Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) has inaugurated a new showroom in Al Rass at total investments of SAR 28 million.
The new branch spans 4,110 square metres, being the fourth facility to be opened by Jarir since the beginning of 2021, according to a bourse filing on Sunday.
The new unit is the 57th branch in Saudi Arabia and the 66th of Jarir chain inside and outside the Kingdom.
The listed firm noted that the financial impact of inaugurating the new branch on King Fahd Road will reflect on the income statements of the third quarter (Q3) of 2021.
Last May, Jarir opened a showroom in South Aziziyah district at investments worth SAR 28 million.
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