PT Ace Hardware Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 05:41 am EDT
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PT Ace Hardware Indonesia Tbk reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was IDR 1,626,507.28 million compared to IDR 1,681,659.08 million a year ago. Revenue was IDR 1,626,507.28 million compared to IDR 1,681,659.08 million a year ago. Net income was IDR 153,498.6 million compared to IDR 161,647.18 million a year ago. Basic earnings per share from continuing operations was IDR 8.97 compared to IDR 9.45 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.
PT ACE HARDWARE INDONESIA TBK 
