PT Ace Hardware Indonesia Tbk Reports Earnings Results for the Nine Months Ended September 30, 2021
October 31, 2021 at 06:12 pm EDT
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PT Ace Hardware Indonesia Tbk reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was IDR 4,694,129.01 million compared to IDR 5,480,391.92 million a year ago. Revenue was IDR 4,694,129.01 million compared to IDR 5,480,391.92 million a year ago. Net income was IDR 322,854.93 million compared to IDR 529,586.93 million a year ago. Basic earnings per share from continuing operations was IDR 18.87 compared to IDR 30.97 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.