Pt Ace Hardware Indonesia Tbk Reports Earnings Results for the Full Year Ended December 31, 2020
May 05, 2021
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PT Ace Hardware Indonesia Tbk announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was IDR 7,412,770.000 million compared to IDR 8,142,720.000 million a year ago. Operating income was IDR 989,517.000 million compared to IDR 1,363,920.000 million a year ago. Net income was IDR 733,195.000 million compared to IDR 1,017,390.000 million a year ago. Basic earnings per share from continuing operations was IDR 42.86 compared to IDR 59.58 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 
