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20250430_ACES_Laporan Informasi dan Fakta Material_31880108_lamp2.pdf
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PRESS RELEASE
Sales Grow Positively in Q1 2025, PT Aspirasi Hidup Indonesia Tbk Optimistic to Maintain
Momentum Post-Rebranding
Jakarta — Following the release of its full-year 2024 financial report, PT Aspirasi Hidup Indonesia Tbk
(AHI) (ACES) has once again delivered positive performance in early 2025. According to the Q1 2025 Financial
Report, the Company recorded positive sales growth, driven by the launch of the AZKO brand, increased
consumer spending during the Ramadan and Eid al-Fitr periods, and consistent contribution from Same Store
Sales Growth (SSSG).
In the first quarter of 2025, the Company posted sales growth of 7.2% year-on-year, reaching IDR 2.14
trillion. This achievement was also supported by SSSG growth of 2.2%. Meanwhile, net income attributable
to owners of the parent entity declined from IDR 204.82 billion in Q1 2024 to IDR 141.60 billion. The decline
had been anticipated beforehand, due to higher operating expenses stemming from the earlier disbursement
of Eid Holiday Allowance (THR) this year—previously booked in Q2—as well as increased advertising and
promotional costs related to the AZKO rebranding campaign. However, excluding the impact of THR, the
Company still recorded approximately 4% growth in operating profit. Management remains optimistic about
achieving positive net profit growth for the full year 2025.
“We’ve seen encouraging customer response to the launch of the AZKO brand, which marks a
significant milestone after 30 years of serving the Indonesian market. This enthusiasm is also reflected in the
strong reception for each new store opening across cities. With a strategy that focuses on relevance to
customer needs, expansion of our store network, and enhancement of a seamless, integrated shopping
experience, we believe we are on the right path toward sustainable growth. In the remaining nine months of
2025, we have prepared a series of initiatives to strengthen operational capabilities while amplifying our
positive impact—both in business and in society,” said Gregory S. Widjaja, Director of PT Aspirasi Hidup
Indonesia Tbk.
For full-year 2025, the Company has allocated capital expenditure (CapEx) of IDR 250–300 billion, with
CapEx realization as of the end of March 2025 amounting to IDR 43.55 billion. This allocation is focused on
supporting sustainable business development through the opening of 25 to 30 new stores across various
regions in Indonesia, along with innovative store concepts that are solution-driven, inspirational, and
customer-centric.
In line with its expansion strategy, the Company opened four AZKO stores in new regions during Q1
2025, including Abepura in Papua, Indonesia's easternmost region, and Indramayu Regency in West Java.
Concurrently, the Company launched the “AZKO Berbagi Cahaya” (AZKO Shares the Light) program as part of
its sustainability commitment. This initiative supports energy efficiency through the donation of KRISBOW
Energy-Saving LED Lamps to two of the largest houses of worship in Abepura, GKI Tanah Papua PNIEL Church
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and the As-Sholihin Grand Mosque. This program reflects a tangible contribution to local communities while
helping reduce environmental negative impact.
In addition, the Company has calculated the carbon absorption of more than 4,000 trees planted across
various areas using the allometric method, with a total absorption of 1,539 tons of CO₂eq. This initiative
demonstrates the Company’s commitment to Environmental, Social, and Governance (ESG) principles. The
carbon sink areas will be progressively expanded to create long-term and measurable environmental impact.
Looking ahead, the Company will continue to strengthen its position in Indonesia’s retail industry by
expanding its portfolio of 52 home brands that are already well-known among customers, such as KRISBOW,
KRIS, KLAZ, STORA, SOLEIL, and others. The Company will also optimize its omnichannel services through the
ruparupa app as a manifestation of “the future of retail,” while offering comprehensive solutions for home
and lifestyle needs from A to Z, driven by collaborative ideas and services.
Gregory concluded, “With the spirit of #DariSiniBisaLebih (From Here, We Can Do More), we are
committed to continuously strengthening collaborations with various stakeholders, enhancing customer
satisfaction, and driving sustainable business growth through an adaptive and measured approach.”
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About PT Aspirasi Hidup Indonesia Tbk
PT Aspirasi Hidup Indonesia Tbk (AHI) (ACES) is a business unit under Kawan Lama Group that oversees the brands AZKO, ATARU, and
Pendopo, as well as Toys Kingdom, which operates as a subsidiary brand. With a presence in various cities across Indonesia and an
omnichannel approach through Ruparupa, the company is committed to being a source of inspiration, innovation, and solutions in
helping people achieve a better life. As a publicly listed company on the Indonesia Stock Exchange, PT Aspirasi Hidup Indonesia Tbk
(ACES) is also included in the LQ45, Kompas 100, IDX80, ESG Sector Leaders IDX KEHATI, and the Islamic Stocks Index. Additional
information about PT Aspirasi Hidup Indonesia Tbk can be accessed through its website at ahi.id.
About Kawan Lama Group
Kawan Lama Group is a multisector business group comprising six business pillars: Industrial & Commercial, Consumer Retail, Food
& Beverage, Property & Hospitality, Commercial Technology, and Manufacturing & Engineering. These diverse sectors are united by
shared values and a common goal—to enhance life for families. Established in 1955, Kawan Lama Group, with the slogan "Bring Value
for a Better Life," manages over 30 business brands, 14 distribution centers, and more than 1,200 stores, continuously expanding as
part of its contribution to national progress.
The Industrial & Commercial sector of Kawan Lama Group includes brands such as Kawan Lama Solution, Krisbow, Sensorindo, Kaeser
Indonesia, Depo Teknik, and Kawan Lama Inovasi. The Consumer Retail sector features AZKO, INFORMA, INFORMA Custom Furniture,
INFORMA Electronics, INFORMA Work & Space, Toys Kingdom, Pet Kingdom, Home Galleria, SELMA, ATARU, Pendopo, EYE SOUL,
and more. In the Food & Beverage sector, F&B ID operates five brands: Chatime, Chatime Atealier, Cupbop, Gindaco, and Go! Go!
CURRY - Genki no Minamoto. The Property & Hospitality division includes Living World, Living Plaza, and Anumana. The Commercial
Technology sector comprises ruparupa.com and Danakini, while the Manufacturing & Engineering sector is represented by Kawan
Lama Manufacturing.
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Additional Resources ● Explore more about Kawan Lama Group at www.kawanlamagroup.com ● Follow Kawan Lama Group on LinkedIn: Kawan Lama Group ● Follow Kawan Lama Group on Instagram: @KawanLamaGroup ● Watch inspiring videos about Kawan Lama Group’s activities on YouTube For data and media inquiries, please contact: Hanna Carissa Sarah Indah Putri Corporate Communications Manager Corporate Communications Executive Kawan Lama Group Kawan Lama Group hanna.carissa@kawanlamacorp.com sarah.putri@kawanlamacorp.com
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