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ACES recorded sales revenue growth of 17.16% in 1H 2019

21 August 2019 12:09

JAKARTA. PT Ace Hardware Tbk (ACES) posted sales revenue of Rp 3.96 trillion in the first semester (1H) of 2019, 17.16% higher than the record from the same period last year of Rp 3.38 trillion.

In its semi-annual financial report, ACES said that the company's sales performance in the first half of this year was supported by sales of home improvement products, which reached Rp 2.06 trillion, lifestyle products (Rp 1.68 trillion), and toys (Rp 149.22 billion).

In addition, ACES also recorded net consignment sales revenue of Rp 69.45 billion in the first semester of this year.

With this sales performance, ACES's net profit reached Rp 474.33 billion, 12.52% higher than the record from the first semester of last year. (KR/AR)

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