PT Ace Oldfields Tbk
IIDX:KUAS80.00
IDR
+3.00
(+3.90%)
PT Ace Oldfields Tbk
IDX:KUAS
(Indonesia Stock Exchange)
Recent
price
80.00
P/E
ratio
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div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- 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.