Can anybody challenge ACE Hardware (ACES)? This modern retailer for tools and home improvement booked net profit Rp697 billion in Jan-Sep 2018, an increase of 32.5% from the corresponding period last year. This Company reported net profit margin of 13.5%, substantially bigger than convenience store operators like Indomaret and Alfamart, which reported margin of 0.7% respectively.To subscribe please click here
