Ace Hardware Indonesia (ACES IJ): Making Its Presence Felt August 6, 2018

Highlights

  • Another solid quarter for ACES with net sales shot up 22.6% y/y, supported by strong double-digit y/y growth from all three segments.
  • Particularly strong growth came from net consignment sales (+87.3% y/y).
  • Taking firmer grip on the domestic market by penetrating secondary and tertiary cities.

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