Riyadh – Mubasher: Abdullah Saad Mohammed Abo Moati for Bookstores Company announced opening a new store, according to a statement to the Saudi Stock Exchange (Tadawul).

The inaugurated store is the second MiniGood branded store and the sixth retail store for the company.

Investments in the new store amounted to SAR 1.15 million.

Abo Moati Bookstores revealed that the impact on the company’s financial results will appear starting from the fourth quarter (Q4) of 2019.

It is worth noting that trading the company’s stock on Tadawul began on 11 November 2019, after it was previously listed on the Nomu-Parallel Market.