The Topaz chain belongs to the company Przedsiębiorstwo Handlowo Usługowe Topaz Spółka z ograniczoną odpowiedzialnością.
The company's core business is "retail sale in non-specialized stores with food, beverages and tobacco products predominating."
The company also conducts business in the sale of fuels in its own petrol stations, the sale of catering and hotel services, as well as in the field of development investments.
The company's equity amounts to PLN 195,287,320.64. Zbigniew Paczóski (CEO) holds 100% of the company's shares. The company employed 2,173 employees in 2023 compared to 2,302 employees a year earlier, which is 130 fewer.
Topaz has stores in 4 provinces. Generates profits of PLN 47 million
Topaz operates in eastern and central Poland. Individual stores are located in four provinces (Masovia, Lublin, Warmia-Masuria and Podlaskie).
The company closed 2023 with a profit of PLN 47,114,128.99. Sales revenue amounted to PLN 1,279,397,799.04. Profit for 2022 amounted to PLN 16,401,248.10.
The company maintains good financial liquidity and relatively high profitability.
Topaz Talks Customer Service Automation. Reduced Employment
PHU Topaz Sp. z o. o. plans to achieve further growth in turnover and net profit in 2024. The company informs that the profits retained in the company will be
allocated for investments in development and modernization.
– The company intends to achieve an increase in turnover and profits mainly through the development of its core business. An increase in the number of retail stores is planned. Both the network of its own stores and franchise stores as well as outlets based on agency agreements will be developed.
An important element of development will be the modernization of operations through investments in new IT technologies and the automation of customer service in stores – the company writes in the financial report.
The increase in price elasticity of demand will make it more difficult to maintain sales profitability
How does the company describe its economic environment?
– Retail trade in Poland in the FMCG sector is subject to long-term
the consolidation trend. Competitive pressure is also growing. Inflation, which encourages a significant portion of consumers to choose products of lower quality and lower prices, is a significant challenge. The increase in price elasticity of demand will make it difficult to maintain sales profitability. The company has been coping with competitive pressure for years thanks to very good analysis of local markets and effective price management. In the opinion of the management board, thanks to the increase in the number of retail outlets, it will be possible to maintain the upward trend in terms of generated turnover and net profit – the management board sums up.
