ACES – 28th Anniversary celebration

ACES – 28th Anniversary celebration Ace Hardware (ACES) is executing various promotion and discounts, to achieve a IDR1.94 tn in 4Q23 net sales, so ACES could achieve its 10% yoy revenue growth target of IDR7.43 tn by the end of 2023. Note that, ACES posted a net profit of IDR485.83 bn (+38.13% yoy) and sales growth of 12.26% in 9M23. ACES is executing promotion and discounts in relation to its 28th Anniversary, Christmas and New Year' celebration, such as special price offers and savings of up to 70%, buy 1 get 1 free, buy 2 get 1 free and buy a lot more savings. There is an All-Round 28 program for certain products and a Save Redemption program for selected products with a certain minimum spend. ACES also prepare special promos for ACES Members. Furthermore, ACES has continued store expansion in 2H23 to tier 2 and tier 3 regions. ACES has opened 9 outlets so far, which 7 of them are in outside Java area; Batoh, Denpasar, Gianyar, Panakkukang, Tarakan, Singkawang and Bontang. (Source: Bisnis Indonesia)