Even though SSSG Aspirasi Hidup Indonesia Improves, ACES Shares Still Move Sideways

July 29, 2024, 04.25 PM | Reporter: Nur Qolbi

ILUSTRASI. ACE Tebet Raya is the 18th ACE store opened by the Company in South Jakarta and the 8th opened this year to be more complete, close and easy to meet the home and lifestyle needs of the people of South Jakarta, through a variety of solution-oriented and inspiring products accompanied by attractive promotions.

STOCK RECOMMENDATION - JAKARTA. PT Aspirasi Hidup Indonesia Tbk, previously known as PT Ace Hardware Indonesia Tbk, has reported an improvement in its same store sales growth (SSSG) for the first half of this year.

From January to June 2024, ACES's SSSG was recorded at 10.7% year on year (yoy), a significant improvement from the same period in 2023, which was 4.8% yoy.

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Editor: Syamsul Azhar