Back to announcement
20250329_ACES_Laporan Informasi dan Fakta Material_31872415_lamp2.pdf
Other Text extracted ACESSource file signed link, expires in 15 minutes
Extracted text 3
Page 1
PRESS RELEASE
For Immediate Release
PT Aspirasi Hidup Indonesia Tbk Records Outstanding Performance Growth in 2024
JAKARTA – PT Aspirasi Hidup Indonesia Tbk (AHI) (ACES), formerly known as PT ACE Hardware
Indonesia Tbk, recorded solid financial performance in 2024, marked by significant growth in net profit and
revenue. This achievement reflects the company’s 30 years of experience in the Indonesian retail industry,
supported by effective expansion strategies and innovation, which not only drive business growth but also
enhance customer satisfaction. With strong fundamentals, the company remains optimistic about
continued growth in 2025, along with the launch of AZKO as part of its sustainable business transformation.
In 2024, the company recorded an increase in net profit attributable to the owners of the parent entity,
amounting to IDR 892 billion compared to the previous year's period of IDR 770 billion, representing a
growth of 15.8%. Meanwhile, net sales grew by 12.6% to IDR 8.58 trillion, driven by rising product demand,
aggressive branding and marketing strategies, as well as the optimization of omnichannel services as the
future of retail. The company has also continuously developed and strengthened its product portfolio
through 52 home brands available at AZKO stores, such as KRISBOW, KRIS, KLAZ, STORA, SOLEIL, and many
more, which have become well-known among Indonesian consumers.
As of the end of December 2024, the company recorded an annual Same Store Sales Growth (SSSG) of
8.8%, exceeding the previous guidance of 8% and higher than the 8.1% recorded in the previous year. This
growth was driven by an increase in sales outside Java, which recorded an SSSG of 11.1%, while areas within
Java (excluding Jakarta) grew by 8.6%, and Jakarta itself recorded a growth of 5.0%. Implementing an
expansion strategy in 2024, the company successfully opened several new stores, including its presence in
eight new regions: Banyuwangi, Garut, Banda Aceh, Tanjungpinang, Ternate, Palopo, Parepare, and Bitung.
Gregory S. Widjaja, Director of PT Aspirasi Hidup Indonesia Tbk, stated, "This positive achievement
reflects the company’s solid performance in line with our strategic initiatives, including the launch of AZKO
in early 2025. Moving forward, we will continue to strengthen our integrated retail ecosystem and expand
our reach to more regions across Indonesia, both physically and through omnichannel services. We are
optimistic that this year will mark a greater momentum for growth, creating new opportunities, driving
broader innovation, and delivering sustainable positive impacts to the community."
As Your Home Life Improvement Partner, AZKO is committed to inspiring a better life through an A to
Z collection of products, comprehensive services, and collaborative ideas. The company also launched
AZKO’s first experience store in Indonesia with a Next-Gen concept that is seamless, inspiring, and customer-
centric, which will gradually be implemented across all AZKO stores. The New Entrance Display area features
selected products based on flagship programs, while Idea Spots offer inspiration for various home needs.
Category Highlights allow customers to explore products in greater depth, supported by Enhanced Displays
that improve accessibility and the shopping experience. Additionally, the store has incorporated
Page 2
omnichannel services via ruparupa app for greater shopping flexibility. Customers can utilize the Scan and
Shop feature to speed up the purchasing process and leverage Home Shopping Pick Up in Store technology.
Continuing its effective expansion strategy to reach new customers across Indonesia, the company has
opened four AZKO stores in the first quarter of 2025, including its expansion to the easternmost region of
Indonesia, Papua. With this strategic move, the company now operates more than 240 AZKO stores across
more than 70 cities in Indonesia, reaffirming its commitment to providing innovative and inspiring solutions
for customers. Beyond physical expansion, the company also continues to invest in digital transformation
to align with evolving consumer needs, improve operational efficiency, maintain profitability, and drive
sustainable business growth.
****
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.
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:
Page 3
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
Names mentioned 5 people and organisations named in the text · linked when the evidence is strong
unresolved
org
ACE Hardware Indonesia Tbk
p.1 ×2
unresolved
org
Indonesia Stock Exchange
p.2
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.