Arsip: July 2020

ACES Same Store Sales Expansion. A hardware store company, Ace Hardware Tbk (ACES) remains expansive amid the Covid-19 pandemic. ACES is still expanding by opening 10 new stores so far this year. ACES only closed two old shops. This shows there is optimism in future performance. ACES is targeting to open 12 new stores this.

United Tractors Mining Services. Mining service company, United Tractors Tbk (UNTR) seeks to maintain the performance of its mining services business. Amid the downward trend in global coal prices. Just for the record, UNTR runs a mining service business through its subsidiary Pamapersada Nusantara. As of May 2020, Pamapersada overburden removal volumes fell 11.08% YoY.