Corporate Updates

Ace Hardware Indonesia (ACES IJ): Finally deliver positive SSSG

Ace Hardware Indonesia (ACES IJ)
BUY / TP: IDR:965 (+34.0%)
Analyst: Laras Nadira

Finally deliver positive SSSG
• Brings positive SSSG
• Recovery in July as a one-off
• Downgrade our earnings
• Re-iterate BUY call, lower TP

Corporate Updates

Ace Hardware Indonesia (ACES IJ): Finally deliver positive SSSG

Related Article

Sarana Menara Nusantara (TOWR IJ): Inflection seen in rental rates

Indofood CBP (ICBP IJ): Eyes vibrant earnings in FY2024

Telkom Indonesia (TLKM IJ): New business venture yet to grow

Bank Jago (ARTO IJ): Offers conservative 2024 outlook

Bumi Serpong Damai (BSDE IJ): Expects margin recovery in 2024

Perusahaan Gas Negara (PGAS IJ): Feels cost pressure