Maintaining its growth strategy with new store openings and digital infrastructure investments, Bizim Toptan’s sales revenue reached TRY 5.5 billion in the first half of 2022 with a year-on-year increase of 79 percent.   

Turkey’s most expansive organized wholesale store Bizim Toptan has disclosed its financial results for the second quarter of 2022 to Public Disclosure Platform (KAP). Maintaining its growth through its investments and newly opened stores, Bizim Toptan’s sales revenue reached TRY 5.5 billion in the first half of 2022 with a year-on-year increase of 79 percent.    Bizim Toptan’s net profit was TRY 63 million in the first half of 2022. The company’s total number of stores reached 175 as of the end of June. 

Focusing on digitalization, Bizim Toptan improved its customer satisfaction and business efficiency by offering personalized products and campaigns to customers through AI-driven modelling. Digitalization efforts had a positive impact on the financial results in the first half of the year and there was a significant growth especially in Out-of-Home (OOH) consumption category, where the company serves corporate customers such as hotels, restaurants, cafés and gas stations. Seç Market, which supplies its products from Bizim Toptan, continued to make a positive contribution to the financial results. The number of stores of Seç Market, a franchising model that provides a competitive edge to local tradespeople, exceeded 2 thousand.  

Hüseyin Balcı: “Maintaining our strong performance, we will continue our investments without slowing down”

Commenting on the financial results of the first half of the year, Bizim Toptan’s Managing Director Hüseyin Balcı said: “We maintained our strong performance in the first half of the year. Thanks to our new store openings and digital infrastructure investments, we were able to increase the sales revenue, profitability and the number of our customers. Having been implemented in line with our goal of providing a better shopping experience for our customers, digital infrastructure investments and AI-driven applications had a positive impact on our growth. Through our continuous investments in digitalization and new store openings, we will maintain our outstanding performance.”