Extra: Closing eight showrooms will reduce sales by SAR 2.5m a day

23/11/2014 Argaam

The Ministry of Commerce and Industry shut down eight showrooms of United Electronics Company (Extra) for no longer than 7 days because of some violations during the mega sale period.
 

Extra said that lost sales based on this decision will be about SAR 2.5m daily during the shutdown period for each branch of the eight branches.


The Company added that it can make up for these losses if the showrooms reopen and the ministry approves extending the mega sale period.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts