JAKARTA - PT Ace Hardware Indonesia Tbk (ACES) to open a new store in the Pasar Minggu, Jakarta on August 23, 2019. This outlet is Ace’s eleventh store in 2019. The 700 square meter store will be Ace Hardware’s 186th store in Indonesia.
For information, Ace Hardware is planning to open 10 new stores in the second semester. To open these 10 stores, the company has prepared a capital expenditure (capex) of Rp 250 billion.
As of June 2019, Ace Hardware's revenue was recorded at Rp 3.89 trillion and net profit was recorded at Rp 474.33 billion. (LM)