ACES - Expect higher sales of household equipment during ramadan

ACES - Expect higher sales of household equipment during ramadan Aspirasi Hidup Indonesia Tbk. (ACES), now rebranded as AZKO, is expected to see positive momentum during Ramadan 2025. Increased consumer spending on home décor, kitchenware, and light renovations ahead of Lebaran presents a growth opportunity. To stay competitive in the evolving retail landscape, AZKO is focusing on aggressive promotions, strengthening both offline and online distribution channels, and optimizing its omnichannel strategy. The company is also enhancing its digital presence with effective marketing campaigns and exclusive product offerings, while competitive pricing and superior after-sales service remain key to customer retention. Note that, ACES recorded revenue of IDR6.1 tn (+13.57% yoy) and net profit of IDR567.8 bn (+16.64% yoy) in 9M24. (Source : Bisnis Indonesia)