PT Ace Hardware Indonesia Tbk Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022
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PT Ace Hardware Indonesia Tbk reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was IDR 3,307,857.28 million compared to IDR 3,395,529.56 million a year ago. Revenue was IDR 3,307,857.28 million compared to IDR 3,395,529.56 million a year ago. Net income was IDR 242,396.33 million compared to IDR 276,936.83 million a year ago. Basic earnings per share from continuing operations was IDR 14.17 compared to IDR 16.19 a year ago.
PT Ace Hardware Indonesia Tbk is an Indonesia-based company, which is a retailer of household appliances and lifestyle products. Its home improvement products include outdoor living, paint and sundries, plumbing supplies and fixtures, electrical, tools and miscellaneous. The lifestyle products include automotive, furniture, houseware and gifts, sporting goods and pet supplies and home appliances. The Companyâs products are marketed under various trademark brands, including ACE, Krisbow, and Kris. The Company owns investment properties in the form of land and buildings in Balikpapan and Tangerang, namely Living Plaza Balikpapan, Living Plaza Bintaro and Alam Sutera. The Company has 233 retail outlets which are located in Jakarta, Tangerang, Cilegon, Serang, Bekasi, Karawang, Bogor, Depok, Purwakarta, Cirebon, Bandung, Sumedang, Tasikmalaya, Sukabumi, Gresik, Yogyakarta, Semarang, Kudus, Solo, Purwokerto, Mojokerto, Tegal, Surabaya, Malang, Jember, Kediri, Madiun, Aceh, Bali and others.