ŞOK Marketler contributes significantly to the national economy, while also offering additional employment to 6 thousand people in 2020

ŞOK Marketler contributes significantly to the national economy, while also offering additional employment to 6 thousand people in 2020

Always aiming to offer the highest quality and most affordable products to its customers, ŞOK Marketler achieved this goal and significantly contributed to the Turkish economy by providing employment to 6 thousand new people in 2020.

ŞOK Marketler Tic. A.Ş. announced its financial results for 2020 to the Public Disclosure Platform (KAP). Having achieved its financial goals despite the pandemic-related challenges, ŞOK Marketler continued to deliver high-quality products at affordable prices to its customers uninterruptedly through its “Good Agriculture from Farm to Table” project.

In addition to increasing its net sales revenues to TRY 21.4 billion in 2020, ŞOK Marketler provided employment to almost 6 thousand people. Operating with more than 35 thousand employees across Turkey, ŞOK Marketler continues to directly deliver many products to its customers, particularly on the basis of its “Good Agriculture from Farm to Table” project and its collaboration with Agricultural Credit Cooperatives. By bringing down the food inflation with the favorable prices it offers, ŞOK Marketler makes significant contribution to household economies.

Demirel: “We support domestic production and hundreds of farmers across Turkey”

Evaluating 2020 following the KAP disclosure, ŞOK Marketler CEO Uğur Demirel said:“Operating with the goal of interruptedly offering high-quality, fresh, and affordable products every day, we had a financially successful year at ŞOK Marketler and increased our revenue to TRY 21.4 billion thanks to the contributions enabled by the new investments we made. In addition, we significantly contributed to the Turkish economy and employment by employing 6 thousand new people despite the challenging conditions of the pandemic. One of the most significant pillars of our growth strategy in 2020 was our investments in digitalization. Especially with our ‘ŞOK in Pocket’ application, we further improved our service quality and offered uninterrupted services to our customers. At the core of ŞOK Marketler’s promise to always offer the best quality products at the most affordable prices, is our ‘Good Agriculture from Farm to Table’ initiative, launched in 2020. Through this project, we support domestic production and hundreds of farmers all across Turkey. While offering sales guarantee to farmers and rewarding them in due proportion to their efforts in a timely manner, we deliver quality-assured products to our customers at affordable prices. With our prices which brought down the food inflation in 2020, we served our customers in the best way possible. We will continue to make contributions to the Turkish economy and the society in 2021 as well.”

About ŞOK Marketler Tic. A.Ş.:

Established in 1995, ŞOK Marketler Ticaret A.Ş. joined Yıldız Holding in August 2011. Currently, ŞOK Marketler is a big family with its more than 35 thousand employees, millions of farmers, small-scale enterprises, industrialists, truck drivers and providers. Every day, it delivers the products of the labor of farmers and industrialists to its customers, on the basis of its public capital structure, unique business model, and digital infrastructure that fits the requirements of modern retail.

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