The first half of 2023 with increasing sales revenues

The first half of 2023 with increasing sales revenues

On August 24, 2023, TOYA S.A. released its financial report for the first half of 2023. Worth highlighting are the increasing sales revenues for both TOYA S.A. itself and the Capital Group.

The sales revenues of TOYA S.A. Capital Group for the first half of 2023 amounted to 367,994 thousand PLN, which is 162 thousand PLN more than in the corresponding period of 2022. Meanwhile, TOYA S.A. recorded revenues of 291,533 thousand PLN, indicating an increase of 599 thousand PLN (0.2%) compared to 2022. The sales growth was primarily observed in the export and retail channels (mainly e-commerce). Slightly lower gross profit from sales in the analyzed period of 2023 compared to the corresponding period of 2022 was mainly due to higher cost of purchasing goods.

The TOYA S.A. Capital Group responds dynamically to market changes, including efficient supply chain management, the launch of a modern warehouse in Shanghai, and a well-profiled product offering. As a result, it minimizes declines associated with unfavorable conditions for trading companies worldwide (high inflation, the Russo-Ukrainian war, etc.).

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