The Indonesian Post
PT Aspirasi Hidup Indonesia Tbk (AHI) (ACES) has once again been recognized as one of Indonesia’s Best Managed Companies 2024 by Deloitte Indonesia, highlighting its role as a source of inspiration and solutions for a better life. The award was presented by Balim, Deputy Clients & Markets Coordinating Partner and Tax & Legal Partner at Deloitte Indonesia, and accepted by Gregory S. Widjaja, the Director of PT Aspirasi Hidup Indonesia Tbk. This recognition reflects the company's commitment to sustainable business management, competitive advantages in providing solutions to enhance quality of life, and its strong reputation and fundamentals. The Best Managed Companies program is a prestigious global award that uses a well-established and internationally recognized assessment methodology to honor companies with outstanding business and organizational performance. Now in its 30th year, the program has expanded to over 45 countries, featuring more than 1,300 top companies. In Indonesia, the Best Managed Companies program is in its fourth year and has become a prestigious platform for local businesses. Gregory S. Widjaja expressed, “Receiving the Indonesia’s Best Managed Companies award for the third time is a testament to PT Aspirasi Hidup Indonesia Tbk's commitment to solid and sustainable business strategies, product and service innovation, and good corporate governance. This award motivates us to keep improving our performance as a trusted provider of life solutions for the community. We are grateful for the incredible contributions from the entire team at PT Aspirasi Hidup Indonesia Tbk and to Deloitte Indonesia for this recognition.” With 29 years of experience in the retail industry, PT Aspirasi Hidup Indonesia Tbk has consistently delivered excellent business operations backed by a professional workforce. In the first half of 2024, the company reported impressive financial performance, with a net profit increase of 21%, reaching Rp366 billion compared to the same period last year. The company's net revenue also saw significant growth of 14%, totaling Rp4.1 trillion, up from the previous year. Additionally, the company achieved a Same Store Sales Growth (SSSG) of 10.7%, driven by increased demand in the former Java region and stable performance in Jakarta. Their expansion and innovation strategies have played a crucial role in this growth. By the beginning of the second semester of 2024, the company had opened 10 new stores, reaching six new areas: Banyuwangi, Garut, Banda Aceh, Tanjungpinang, Ternate, and Palopo. Overall, the company now operates 241 stores across 73 cities in Indonesia. They also continually enhance the shopping experience through innovations like Personal Shopper services, a Seamless Omni-channel Experience, and an Explore New Product Corner, all supported by a more modern store atmosphere, creative and aggressive marketing activities, and sustainability initiatives focusing on environmental, social, economic, and governance pillars.