Corporate Updates

Ace Hardware Indonesia (ACES IJ): MoM sales growth emerges positive

Ace Hardware Indonesia (ACES IJ)
BUY / TP: IDR:1,620 (+17.2%)
Analyst: Laras Nadira

MoM sales growth emerges positive
• SSSG shows slight improvement
• Sales improved MoM but slid YoY
• Opening new stores
• Re-iterate BUY call

Corporate Updates

Ace Hardware Indonesia (ACES IJ): MoM sales growth emerges positive

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