JAKARTA (Yosefardi) – Ace Hardware Indonesia (ACES), biggest Indonesian household retailer firm, targets to book sales of Rp5.3 trillion this year, compared to Rp4.63 trillion estimated for last year.
The company plans to add 10-15 new shops/outlets this year. ACES booked net sales of Rp3.35 trillion in the first nine months to September of 2014, grew by 20% from Rp2.79 trillion in the corresponding period of 2013.
While net profit was Rp371.94 billion, compared to Rp313.44 billion a previous year.
As at September 2014, its assets totaled Rp2.74 trillion while liability amounted Rp556.67 billion. The company’s cash reached Rp206.6 billion.