PT ACE Hardware Indonesia Tbk ( (ACEHF) ) has released its Q2 earnings. Here is a breakdown of the information PT ACE Hardware Indonesia Tbk presented to its investors.
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PT Aspirasi Hidup Indonesia Tbk, formerly known as PT Ace Hardware Indonesia Tbk, is a prominent Indonesian retailer specializing in household appliances and lifestyle products, operating across numerous locations in Indonesia. The company recently released its interim financial report for the first half of 2025, showcasing its financial health and operational performance.
The company’s net sales for the first half of 2025 reached approximately Rp 4.27 trillion, marking an increase from Rp 4.13 trillion in the same period of the previous year. Despite this growth in sales, the company reported a decrease in net profit, which fell to Rp 289.42 billion from Rp 361.43 billion in the first half of 2024. This decline in profit is attributed to increased operating expenses, which rose to Rp 1.76 trillion from Rp 1.61 trillion in the previous year.
PT Aspirasi Hidup Indonesia Tbk’s total assets as of June 30, 2025, stood at Rp 8.50 trillion, an increase from Rp 8.19 trillion at the end of 2024. The company’s total liabilities also increased to Rp 2.28 trillion from Rp 1.68 trillion, reflecting a rise in both current and non-current liabilities. The company’s equity attributable to the owners of the parent company decreased to Rp 6.19 trillion from Rp 6.48 trillion at the end of 2024.
Looking ahead, PT Aspirasi Hidup Indonesia Tbk remains focused on expanding its retail footprint and enhancing its product offerings to capture a larger market share. The management is optimistic about the company’s growth prospects, despite the current challenges in the retail sector.