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ACES - Ace Hardware Indonesia

ACES – Anticipating a 12% VAT increase next year

21 November 2024

ACES – Anticipating a 12% VAT increase next year Aspirasi Hidup Indonesia (ACES) anticipates a 12% VAT increase in 2025 by providing products and services that are relevant to customer needs and implementing effective expansion and innovation strategies. ACES will also optimize omnichannel services, creative marketing activities and operational efficiency. Note that, ACES posted revenue of IDR5.11 tn (+13.57% yoy) and net profit of IDR547.22 bn (+18.19% yoy) in 9M24. (Source : Bisnis Indonesia)

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