Pt Ace Hardware Indonesia Tbk Reports Earnings Results for the Full Year Ended December 31, 2019
April 22, 2020 at 03:22 am EDT
Share
PT Ace Hardware Indonesia Tbk announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was IDR 8,142,717.045 million compared to IDR 7,239,754.268 million a year ago. Operating income was IDR 1,305,222.274 million compared to IDR 1,229,001.071 million a year ago. Net income was IDR 1,030,105.904 million compared to IDR 964,554.026 million a year ago. Basic earnings per share was IDR 60.33 compared to IDR 56.49 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 
