{
    "success": true,
    "data": {
        "id": 1985865,
        "msgid": "demonstrating-solid-performance-after-rebranding-aces-confident-in-reaching-2026-targets-1789652081",
        "date": "2026-09-17 18:14:34",
        "title": "Demonstrating Solid Performance After Rebranding, ACES Confident in Reaching 2026 Targets",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Business",
        "summary": "PT Aspirasi Hidup Indonesia Tbk (ACES) has reported a 33.3% increase in net profit to Rp390.3 billion for the first half of 2026 following its rebranding to AZKO. The company plans to expand its retail footprint by opening up to 80 new stores across the AZKO and NEKA brands throughout the year.",
        "content": "<p>One year after rebranding to AZKO, PT Aspirasi Hidup Indonesia Tbk\n(ACES) has demonstrated increasingly solid financial performance\nthroughout the first half of 202&lt;0xC2&gt;6, remaining on track to\nmeet its year-end targets. This strategic move has led the company to\nrecord an increase in profit for the period attributable to owners of\nthe parent entity of 33.3%, reaching Rp390.3 billion compared to the\nsame period the previous year.<\/p>\n<p>ACES also recorded net sales of Rp4.5 trillion, representing a 6.3%\nincrease compared to the same period in 2025.<\/p>\n<p>Director of PT Aspirasi Hidup Indonesia Tbk, Gregory S. Widjaja,\nstated that the company\u2019s positive performance reflects business\ndevelopment moving in a better direction. This aligns with AHI\u2019s\ncommitment to building sustainable long-term growth.<\/p>\n<p>\u201cWe will continue our efforts to present innovation, increase\noperational efficiency, and develop business capabilities to provide\nadded value for customers and all stakeholders, while simultaneously\nstrengthening the Company\u2019s position in the Indonesian retail industry,\u201d\nsaid Gregory.<\/p>\n<p>The strong performance of AHI, which oversees the AZKO and NEKA\nbrands, was supported by a Same Store Sales Growth (SSSG) of 2.2%\nyear-on-year as of June 2026. Various strategic initiatives also\nsupported this growth, such as the AZKO BOOM SALE and the enhancement of\ncustomer experience through an omnichannel approach.<\/p>\n<p>In line with market growth opportunities, AHI targets the opening of\n25 to 30 AZKO stores and 40 to 50 NEKA stores throughout 2026. As of\nAugust 2026, AHI has recorded the opening of 15 AZKO stores, reaching\nnine new regions, including Berau, Pasuruan, Pekalongan, Timika,\nKuningan, Tabanan, Tomohon, Baubau Buton, and Duri Riau, as well as 16\nNEKA stores across Java and outside Java.<\/p>\n<p>Gregory stated that to support business development, the company will\nallocate capital expenditure (CapEx) of Rp400-450 billion in 2026. As of\nthe first half, CapEx realisation reached Rp91 billion, prioritised for\nopening new stores and renovating existing ones. Gregory emphasised that\nthe company will realise a larger portion of investment towards the end\nof the year to support growth.<\/p>\n<p>Beyond providing closer solutions for the community, the opening of\nnew AZKO and NEKA stores also supports job creation in various regions.\nThis is because more than 50% of the workforce in each store is sourced\nfrom the local community.<\/p>\n<p>\u201cThe presence of AZKO in various new regions also helps create jobs\nthrough the absorption of more than 50% local labour. Additionally, we\nare sustainably running social and environmental initiatives through the\nprovision of cleaning equipment for public facilities, such as places of\nworship and schools around store operational areas,\u201d Gregory\nexplained.<\/p>\n<p>Furthermore, AZKO is also making efforts to strengthen customer\nengagement through various experience- and community-based activities.\nFrom June to July 2026, AZKO expanded its customer interaction points\nacross generations through participation in the Jakarta Fair (PRJ), live\nshopping activities, morning broadcasts with several popular radio\nmedia, and involvement in sports communities such as padel, running, and\nyoga.<\/p>\n<p>Through these activities, customers and communities can interact with\nand directly try various AZKO sports products. Meanwhile, through the\npresence of a booth for one of its home brands, Kindla, at the Mom and\nBaby Expo, AZKO provided a more interactive product experience and\nreached relevant target markets.<\/p>\n<p>\u201cMoving forward, the Company will continue its long-term growth\nstrategy through the development of the store network, strengthening\nsupply chain capabilities, utilising digital technology and AI, and\nenhancing the customer experience to support sustainable business\ngrowth,\u201d said Gregory.<\/p>\n<p>For the record, with every new store expansion, AZKO brings a more\nmodern, fresh, and complete shopping experience through product\ncollections from various home brands, such as KRISBOW, KRIS, KLAZ,\nSTORA, SOLEIL, OTTO KLASSE, and various other leading brands that cannot\nbe found in other retailers.<\/p>\n<p>Customers can also enjoy a more inspiring store concept, supported by\nflexibility, ease, and the benefits of shopping through omnichannel\nservices, ruparupa, including features such as Scan &amp; Shop, Scan\n&amp; Go, the ruparupa rewards membership programme, and access to\nmillions of products within the Kawan Lama Group ecosystem.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/demonstrating-solid-performance-after-rebranding-aces-confident-in-reaching-2026-targets-1789652081",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}