PT Ace Oldfields Tbk

PT Ace Oldfields Tbk

IIDX:KUAS
80.00
IDR
+3.00
(+3.90%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Josef Kandiawan
Full Time Employees
425
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Jl. Raya Cileungsi Jonggol Bogor JK Indonesia 16820
IPO Date
Oct 25, 2021
Business
PT Ace Oldfields Tbk manufactures and sells painting equipment and accessories under the ACE OLDFIELDS and PRIMA brands; core products include paint brushes, specialty brushes, wire brushes, rollers, mini rollers, roll handles, foam brushes and rolls, decorative brushes, ship paint rolls, iron and plastic capes, plasterboards, measuring tapes, bubble breaker rolls, tampiko brushes, connecting sticks for roll handles, industrial cleaning brushes, and other painting tools for professionals and DIY users. The company, founded in 1989 as PT Ace Panbrush Industry and headquartered in Bogor, West Java, Indonesia, entered a joint venture with Australia's Oldfields International Pty Ltd in 1996 and listed its shares on the Indonesia Stock Exchange under ticker KUAS in October 2021. It serves domestic markets through retailers such as Mitra10, Depo Bangunan, and BJ Home, while exporting to the United States, Australia, New Zealand, Canada, Pacific islands, and Asian countries. Recent developments include amendments to its articles of association via Notarial Deed No. 6 dated May 15, 2023, regarding warrant exercises, ratified in May 2024; an annual and extraordinary shareholders' meeting in May 2024; and sustained financial growth with net profit rising to Rp3.96 billion for the nine months ended September 30, 2025, from Rp3.73 billion the prior year, alongside increased fixed asset investments and employee count to 422.