ACES - Targets stronger 2025 performance by strengthening AZKO branding

ACES - Targets stronger 2025 performance by strengthening AZKO branding Aspirasi Hidup Indonesia (ACES) focuses on strengthening its new brand AZKO and expanding its portfolio of 52 home brands to drive growth in 2025, supported by a capital expenditure of IDR250–300 bn aimed at sustainable business development, store expansion, and retail innovation. Despite economic uncertainties, the company continues to monitor market conditions and implement adaptive branding, marketing, and promotional strategies. Stable pricing, supply chain efficiency, and relevant product management have supported performance in 2024. Net sales rising 12.62% yoy to IDR8.58 tn and net profit increasing 15.78% yoy to IDR892.04 bn in FY24. (Source: Kontan)