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Thursday, January 05, 2017       09:21 WIB
Premier Insight: ACES Indonesia has opened 3 new stores in 4Q16 totaling 12 stores

Ace Hardware (ACES IJ; Rp800; Buy)Indon esia has opened 3 new stores in 4Q16 totaling 12 stores and expected to achieve its 5% revenue growth target in 2016. For 2017, the Company plans to open 10 new stores, while targeting a revenue growth of 7%, (+3.7% higher than the FY16 target). Management allocates Rp300bn capex for stores expansion in 2017. (Kontan)

 

 

Sumber : IPS RESEARCH


 





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