{"id":68,"date":"2025-12-17T14:53:22","date_gmt":"2025-12-17T11:53:22","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=68"},"modified":"2025-12-17T14:53:22","modified_gmt":"2025-12-17T11:53:22","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-mopas-mopas-marketcilik-gida-sanayi-2025-9-bilanco-analizi-kar-patlamasi-%f0%9f%a7%bf","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/68","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #MOPAS | Mopa\u015f Market\u00e7ilik G\u0131da Sanayi 2025\/9 Bilan\u00e7o Analizi | K\u00e2r Patlamas\u0131 \ud83e\uddff"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #MOPAS | Mopa\u015f Market\u00e7ilik G\u0131da Sanayi 2025\/9 Bilan\u00e7o Analizi | K\u00e2r Patlamas\u0131 \ud83e\uddff\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/zOXtZZYfjD8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Mopa\u015f&#8217;\u0131n Bilan\u00e7osunun Perde Arkas\u0131: Herkesin G\u00f6zden Ka\u00e7\u0131rd\u0131\u011f\u0131 5 \u015ea\u015f\u0131rt\u0131c\u0131 Detay<\/h1>\n<h3><b>Giri\u015f: Bir S\u00fcpermarketten \u00c7ok Daha Fazlas\u0131<\/b><\/h3>\n<p>\u00c7o\u011fumuz i\u00e7in Mopa\u015f, g\u00fcnl\u00fck al\u0131\u015fveri\u015flerimizi yapt\u0131\u011f\u0131m\u0131z, raflar\u0131nda tan\u0131d\u0131k markalar\u0131 buldu\u011fumuz bir s\u00fcpermarket zincirinden ibaret. Ancak, \u015firketin 29 Ocak 2025&#8217;teki halka arz\u0131n\u0131n ard\u0131ndan yay\u0131nlad\u0131\u011f\u0131 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131na ait finansal raporlar, bu basit alg\u0131n\u0131n \u00e7ok \u00f6tesinde bir yap\u0131y\u0131 g\u00f6zler \u00f6n\u00fcne seriyor. Rakamlar\u0131n derinliklerine indi\u011fimizde Mopa\u015f, kendi g\u0131das\u0131n\u0131 \u00fcreten, kendi enerjisini y\u00f6neten ve mali yap\u0131s\u0131n\u0131 titizlikle g\u00fc\u00e7lendiren derin bir stratejik i\u015fletme olarak kar\u015f\u0131m\u0131za \u00e7\u0131k\u0131yor. Bu yaz\u0131, Mopa\u015f&#8217;\u0131n bilan\u00e7osunda gizlenen ve \u015firketin gelece\u011fine \u0131\u015f\u0131k tutan en \u00e7arp\u0131c\u0131 be\u015f detay\u0131 mercek alt\u0131na al\u0131yor.<\/p>\n<h3><b>1. K\u00e2r Patlamas\u0131: Enflasyona Ra\u011fmen Net K\u00e2rda %141&#8217;lik Reel B\u00fcy\u00fcme<\/b><\/h3>\n<p>Finansal tablolarda ilk g\u00f6ze \u00e7arpan ve en \u00e7arp\u0131c\u0131 sonu\u00e7, \u015firketin net k\u00e2r\u0131ndaki ola\u011fan\u00fcst\u00fc art\u0131\u015f. TMS 29 standartlar\u0131na g\u00f6re haz\u0131rlanan enflasyona g\u00f6re d\u00fczeltilmi\u015f finansal tablolara g\u00f6re Mopa\u015f, 2025&#8217;in ilk dokuz ay\u0131nda <b>152,2 milyon TL net k\u00e2r<\/b> elde etti. Bu rakam, 2024&#8217;\u00fcn ayn\u0131 d\u00f6neminde elde edilen 63,0 milyon TL&#8217;lik k\u00e2ra k\u0131yasla <b>%141&#8217;lik bir reel (enflasyondan ar\u0131nd\u0131r\u0131lm\u0131\u015f) art\u0131\u015fa<\/b> i\u015faret ediyor.<\/p>\n<p>Bu b\u00fcy\u00fcme, sadece k\u00e2r rakam\u0131yla s\u0131n\u0131rl\u0131 de\u011fil. \u015eirketin net k\u00e2r marj\u0131 da ayn\u0131 d\u00f6nemde iki kattan fazla artarak %0,51&#8217;den %1,18&#8217;e y\u00fckseldi. Bu durum, Mopa\u015f&#8217;\u0131n sadece sat\u0131\u015flar\u0131n\u0131 art\u0131rmakla kalmay\u0131p, operasyonel verimlili\u011fini ve k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 da \u00f6nemli \u00f6l\u00e7\u00fcde iyile\u015ftirdi\u011finin en net g\u00f6stergesi. Ancak bu etkileyici k\u00e2r art\u0131\u015f\u0131 sadece daha fazla market \u00fcr\u00fcn\u00fc satmaktan kaynaklanm\u0131yor; \u015firketin \u00fcr\u00fcnlerinin kayna\u011f\u0131ndan ve operasyonlar\u0131n\u0131 y\u00fcr\u00fctmek i\u00e7in gereken enerjiden ba\u015flayarak uygulad\u0131\u011f\u0131 stratejik maliyet kontrol\u00fcyle tasarlan\u0131yor.<\/p>\n<h3><b>2. Tarladan Rafa Stratejisi: Mopa\u015f Me\u011fer Bir G\u0131da \u00dcreticisiymi\u015f<\/b><\/h3>\n<p>Finansal raporlar\u0131n en \u015fa\u015f\u0131rt\u0131c\u0131 yanlar\u0131ndan biri, Mopa\u015f&#8217;\u0131n sadece bir perakendeci de\u011fil, ayn\u0131 zamanda ba\u011fl\u0131 ortakl\u0131klar\u0131 arac\u0131l\u0131\u011f\u0131yla ciddi bir g\u0131da \u00fcreticisi oldu\u011funu ortaya koymas\u0131. \u015eirket, &#8220;tarladan rafa&#8221; stratejisini iki \u00f6nemli i\u015ftiraki ile hayata ge\u00e7iriyor:<\/p>\n<ul>\n<li><b>Se\u00e7kin Serac\u0131l\u0131k A.\u015e.:<\/b> Mopa\u015f, Manisa Salihli&#8217;de jeotermal enerji ile \u0131s\u0131t\u0131lan 137.000 m\u00b2&#8217;lik modern bir sera tesisine sahip. Bu tesiste topraks\u0131z tar\u0131m tekni\u011fiyle domates \u00fcretimi yap\u0131l\u0131yor.<\/li>\n<li><b>Se\u00e7kin Peynircilik A.\u015e.:<\/b> \u015eirket, &#8220;Muzaffer Erdo\u011fru&#8221; ve &#8220;Se\u00e7kin Peynircilik&#8221; markalar\u0131 alt\u0131nda peynir, tereya\u011f\u0131 ve di\u011fer s\u00fct \u00fcr\u00fcnlerini \u00fcreten bu mand\u0131ra \u015firketinin de sahibi konumunda.<\/li>\n<\/ul>\n<p>Bu dikey entegrasyon, genel bir rekabet avantaj\u0131n\u0131n \u00f6tesinde, T\u00fcrk perakende pazar\u0131nda somut faydalar sa\u011fl\u0131yor. Kendi seralar\u0131na ve mand\u0131ras\u0131na sahip olmak, \u015firkete tar\u0131msal fiyat dalgalanmalar\u0131na kar\u015f\u0131 bir tampon olu\u015fturma, y\u00fcksek k\u00e2r marjl\u0131 taze \u00fcr\u00fcn kategorilerinde kalite standard\u0131n\u0131 g\u00fcvence alt\u0131na alma ve m\u00fc\u015fteri sadakatinin anahtar\u0131 olan \u00f6zel markal\u0131 \u00fcr\u00fcnlerini g\u00fc\u00e7lendirme imk\u00e2n\u0131 tan\u0131yor.<\/p>\n<h3><b>3. Enerji Maliyetlerine Ak\u0131lc\u0131 \u00c7\u00f6z\u00fcm: G\u00fcne\u015f Enerjisi Yat\u0131r\u0131mlar\u0131<\/b><\/h3>\n<p>Mopa\u015f&#8217;\u0131n ileri g\u00f6r\u00fc\u015fl\u00fc stratejisinin bir di\u011fer kan\u0131t\u0131 da yenilenebilir enerjiye yapt\u0131\u011f\u0131 yat\u0131r\u0131mlar. Finansal raporlar, Grup&#8217;un 2023 y\u0131l\u0131nda <b>Kent GES Enerji<\/b> ve <b>Sar\u0131 Enerji<\/b> isimli iki g\u00fcne\u015f enerjisi \u015firketini sat\u0131n ald\u0131\u011f\u0131n\u0131 ve daha sonra bu \u015firketleri kendi b\u00fcnyesinde birle\u015ftirdi\u011fini g\u00f6steriyor.<\/p>\n<p>Raporlarda bu sat\u0131n almalar\u0131n amac\u0131n\u0131n &#8220;Grup b\u00fcnyesi i\u00e7indeki enerji maliyetlerinin azalt\u0131lmas\u0131na yard\u0131mc\u0131 olmak ve s\u00fcrd\u00fcr\u00fclebilir enerji tedariki sa\u011flamak&#8221; oldu\u011fu a\u00e7\u0131k\u00e7a belirtiliyor. Bu hamle, ulusal enerji piyasalar\u0131ndaki dalgalanmalara kar\u015f\u0131 hesaplanm\u0131\u015f bir korunma (hedge) stratejisini temsil ediyor. Bu sayede \u015firket, \u00f6nemli bir operasyonel gider kalemini riskten ar\u0131nd\u0131rarak uzun vadeli k\u00e2r \u00f6ng\u00f6r\u00fclebilirli\u011fini art\u0131r\u0131yor.<\/p>\n<h3><b>4. Halka Arz Sonras\u0131 Kaya Gibi Sa\u011flamla\u015fan Mali Yap\u0131<\/b><\/h3>\n<p>29 Ocak 2025&#8217;teki halka arz, yaln\u0131zca bir kaynak yaratma faaliyeti de\u011fil, \u015firketin stratejik bir yeniden sermayelendirmesi oldu. Bu hamle, \u015firketin mali yap\u0131s\u0131nda d\u00f6n\u00fc\u015ft\u00fcr\u00fcc\u00fc bir etki yaratt\u0131. Aral\u0131k 2024 ile Eyl\u00fcl 2025 aras\u0131ndaki dokuz ayl\u0131k s\u00fcre\u00e7te bilan\u00e7oda ya\u015fanan \u015fu iki temel iyile\u015fme, bu etkinin en net kan\u0131tlar\u0131:<\/p>\n<ul>\n<li><b>\u00d6zkaynaklar:<\/b> \u015eirketin \u00f6zkaynaklar\u0131 %60 oran\u0131nda artarak 2,89 milyar TL&#8217;den <b>4,63 milyar TL<\/b>&#8216;ye y\u00fckseldi.<\/li>\n<li><b>Finansal Kald\u0131ra\u00e7:<\/b> Toplam Y\u00fck\u00fcml\u00fcl\u00fckler \/ Toplam Varl\u0131klar oran\u0131 <b>0,59&#8217;dan 0,45&#8217;e geriledi.<\/b><\/li>\n<\/ul>\n<p>Bu de\u011fi\u015fim, sadece finansal riski ve faiz giderlerini azaltmakla kalm\u0131yor, ayn\u0131 zamanda Mopa\u015f&#8217;a ma\u011faza, \u00fcretim veya teknoloji alanlar\u0131ndaki gelecek geni\u015flemesini a\u011f\u0131r bor\u00e7 y\u00fck\u00fc alt\u0131na girmeden finanse etme g\u00fcc\u00fc veriyor.<\/p>\n<h3><b>5. B\u00fcy\u00fcme Sadece Ma\u011faza Say\u0131s\u0131yla \u00d6l\u00e7\u00fclmez: Odakl\u0131 Geni\u015fleme Stratejisi<\/b><\/h3>\n<p>Mopa\u015f, 30 Eyl\u00fcl 2025 itibar\u0131yla 130 ma\u011fazaya sahip. 2025&#8217;in ilk dokuz ay\u0131nda 7 yeni ma\u011faza a\u00e7\u0131p 3 ma\u011fazay\u0131 kapatarak 4 ma\u011fazal\u0131k net bir b\u00fcy\u00fcme kaydetti. Ancak \u015firketin as\u0131l b\u00fcy\u00fcme hikayesi, bu istikrarl\u0131 geni\u015flemenin arkas\u0131ndaki stratejik evrimde yat\u0131yor.<\/p>\n<p>\u015eirket, ge\u00e7mi\u015fte AKKAR Market (2012), BAREM Market (2016) ve ORU\u00c7 Market (2022) gibi sat\u0131n almalarla b\u00fcy\u00fcrken, son y\u0131llarda daha odakl\u0131 bir stratejiye ge\u00e7ti. Bursa, Sakarya ve Yalova gibi illerden stratejik olarak \u00e7\u0131karak operasyonlar\u0131n\u0131 ba\u015fta \u0130stanbul ve Kocaeli olmak \u00fczere verimlili\u011fin y\u00fcksek oldu\u011fu b\u00f6lgelerde yo\u011funla\u015ft\u0131rd\u0131. Bu durum, Mopa\u015f&#8217;\u0131n k\u00f6r\u00fc k\u00f6r\u00fcne bir geni\u015flemeden ziyade, k\u00e2rl\u0131l\u0131\u011f\u0131 \u00f6n planda tutan olgun bir strateji izledi\u011fini g\u00f6steriyor. Mopa\u015f&#8217;\u0131n as\u0131l b\u00fcy\u00fcme hikayesi, sadece yeni ma\u011fazalar a\u00e7mak de\u011fil, ana i\u015fini g\u00fc\u00e7lendirmek i\u00e7in \u00fcretim, enerji ve lojistik alanlar\u0131na yapt\u0131\u011f\u0131 derin yat\u0131r\u0131mlarda yat\u0131yor.<\/p>\n<h3><b>Sonu\u00e7: Rakamlar\u0131n Ard\u0131ndaki Vizyon<\/b><\/h3>\n<p>Mopa\u015f&#8217;\u0131n finansal tablolar\u0131, bize basit bir s\u00fcpermarket zincirinden \u00e7ok daha fazlas\u0131n\u0131 anlat\u0131yor. Kar\u015f\u0131m\u0131zda; tedarik zincirini dikey entegrasyonla kontrol eden, enerji maliyetlerini kendi yat\u0131r\u0131mlar\u0131yla y\u00f6neten, halka arz sonras\u0131 mali yap\u0131s\u0131n\u0131 kaya gibi sa\u011flamla\u015ft\u0131ran ve b\u00fcy\u00fcmesini ak\u0131lc\u0131 bir stratejiyle planlayan bir \u015firket var.<\/p>\n<p>Bir dahaki Mopa\u015f al\u0131\u015fveri\u015finizde, sepetinizdeki \u00fcr\u00fcnlerin ard\u0131nda yatan bu tar\u0131m, enerji ve finans stratejisini d\u00fc\u015f\u00fcnecek misiniz?<\/p>\n<p><!--more--><\/p>\n<h1><span style=\"color: #0000ff;\">Mopa\u015f Market\u00e7ilik A.\u015e. 3. \u00c7eyrek 2025 Finansal ve Operasyonel Durum Raporu<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu brifing dok\u00fcman\u0131, Mopa\u015f Market\u00e7ilik G\u0131da Sanayi ve Ticaret A.\u015e. ve ba\u011fl\u0131 ortakl\u0131klar\u0131n\u0131n (Grup) 1 Ocak &#8211; 30 Eyl\u00fcl 2025 ara hesap d\u00f6nemine ait konsolide finansal sonu\u00e7lar\u0131n\u0131 ve operasyonel faaliyetlerini detayl\u0131 bir \u015fekilde analiz etmektedir. Rapor, \u015firketin finansal sa\u011fl\u0131\u011f\u0131, b\u00fcy\u00fcme stratejisi, piyasa konumu ve kurumsal yap\u0131s\u0131 hakk\u0131nda kapsaml\u0131 bir bak\u0131\u015f sunmaktad\u0131r.<\/p>\n<p><b>Finansal Performans:<\/b> Grup, 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda g\u00fc\u00e7l\u00fc bir finansal performans sergilemi\u015ftir. TMS 29 enflasyon muhasebesi etkileri dahil edildi\u011finde, konsolide net sat\u0131\u015flar ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re reel olarak %4,8 artarak 12,9 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. Bu b\u00fcy\u00fcme, g\u00fc\u00e7l\u00fc ma\u011faza sat\u0131\u015flar\u0131, artan m\u00fc\u015fteri trafi\u011fi, yeni ma\u011faza a\u00e7\u0131l\u0131\u015flar\u0131 ve rekabet\u00e7i fiyatland\u0131rma stratejileri ile desteklenmi\u015ftir. Grubun br\u00fct kar\u0131 3,4 milyar TL olarak ger\u00e7ekle\u015firken, Net D\u00f6nem Kar\u0131 \u00f6nemli bir art\u0131\u015fla 63 milyon TL&#8217;den 152,2 milyon TL&#8217;ye y\u00fckselmi\u015ftir. Bu art\u0131\u015fla net kar marj\u0131 %0,51&#8217;den %1,18&#8217;e \u00e7\u0131km\u0131\u015ft\u0131r.<\/p>\n<p><b>Finansal Durum:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla Grubun toplam varl\u0131klar\u0131 8,5 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. 2025 y\u0131l\u0131 ba\u015f\u0131nda ger\u00e7ekle\u015ftirilen ba\u015far\u0131l\u0131 halka arz\u0131n etkisiyle \u015firketin \u00f6zkaynaklar\u0131, 2024 y\u0131l sonuna g\u00f6re %54,5&#8217;lik dikkat \u00e7ekici bir art\u0131\u015fla 4,6 milyar TL&#8217;ye y\u00fckselmi\u015ftir. Bu durum, finansal kald\u0131ra\u00e7 oran\u0131n\u0131n 0,59&#8217;dan 0,45&#8217;e gerilemesini ve \u015firketin finansal yap\u0131s\u0131n\u0131n g\u00fc\u00e7lenmesini sa\u011flam\u0131\u015ft\u0131r.<\/p>\n<p><b>Operasyonel Geli\u015fmeler ve Strateji:<\/b> Grup, 30 Eyl\u00fcl 2025 itibar\u0131yla 130 ma\u011fazal\u0131k bir a\u011fa ula\u015farak perakende sekt\u00f6r\u00fcndeki konumunu sa\u011flamla\u015ft\u0131rm\u0131\u015ft\u0131r. \u015eirket, tar\u0131m (serac\u0131l\u0131k), s\u00fct \u00fcr\u00fcnleri (peynircilik) ve enerji (G\u00fcne\u015f Enerji Santralleri) alanlar\u0131ndaki dikey entegrasyon yat\u0131r\u0131mlar\u0131yla tedarik zincirinde verimlili\u011fi art\u0131rmakta ve maliyet avantaj\u0131 sa\u011flamaktad\u0131r. 29 Ocak 2025&#8217;te Borsa \u0130stanbul&#8217;da i\u015flem g\u00f6rmeye ba\u015flayan Mopa\u015f, kurumsal \u015feffafl\u0131k ve s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme hedefleri do\u011frultusunda faaliyetlerini s\u00fcrd\u00fcrmektedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Yap\u0131 ve Faaliyetler<\/h2>\n<h3>1.1. \u015eirket Profili<\/h3>\n<p>Mopa\u015f Market\u00e7ilik G\u0131da Sanayi ve Ticaret A.\u015e., 1996 y\u0131l\u0131nda \u0130stanbul&#8217;da kurulmu\u015f olup, market i\u015fletmecili\u011fi sekt\u00f6r\u00fcnde faaliyet g\u00f6stermektedir. \u015eirket, 29 Ocak 2025 tarihi itibar\u0131yla paylar\u0131 Borsa \u0130stanbul&#8217;da &#8220;MOPAS&#8221; i\u015flem sembol\u00fc ile i\u015flem g\u00f6ren halka a\u00e7\u0131k bir \u015firkettir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Bilgi<\/td>\n<td>Detay<\/td>\n<\/tr>\n<tr>\n<td><b>Ticari Unvan<\/b><\/td>\n<td>Mopa\u015f Market\u00e7ilik G\u0131da Sanayi ve Ticaret A.\u015e.<\/td>\n<\/tr>\n<tr>\n<td><b>Kurulu\u015f Tarihi<\/b><\/td>\n<td>12.04.1996<\/td>\n<\/tr>\n<tr>\n<td><b>Merkez Adres<\/b><\/td>\n<td>Ramazano\u011flu Mah. Y\u0131ld\u0131r\u0131m Bayezit Cad. No:26 Pendik\/\u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td><b>Ticaret Sicil No<\/b><\/td>\n<td>24866-8 (\u0130stanbul)<\/td>\n<\/tr>\n<tr>\n<td><b>Vergi Dairesi\/No<\/b><\/td>\n<td>B\u00fcy\u00fck M\u00fckellefler \/ 6220429602<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6denmi\u015f Sermaye<\/b><\/td>\n<td>273.000.000 TL<\/td>\n<\/tr>\n<tr>\n<td><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131<\/b><\/td>\n<td>2.500.000.000 TL<\/td>\n<\/tr>\n<tr>\n<td><b>\u0130nternet Sitesi<\/b><\/td>\n<td>www.mopas.com.tr<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>1.2. Ana Faaliyet Konular\u0131 ve Ba\u011fl\u0131 Ortakl\u0131klar<\/h3>\n<p>Grup&#8217;un ana faaliyet konusu market i\u015fletmecili\u011fidir. Bunun yan\u0131 s\u0131ra, dikey entegrasyon stratejisi kapsam\u0131nda g\u0131da \u00fcretimi alan\u0131nda da \u00f6nemli yat\u0131r\u0131mlar\u0131 bulunmaktad\u0131r.<\/p>\n<ul>\n<li><b>Market\u00e7ilik:<\/b> T\u00fcketiciye y\u00f6nelik her t\u00fcrl\u00fc emtian\u0131n al\u0131m\u0131, sat\u0131m\u0131 ve ticaretini kapsayan s\u00fcpermarket zinciri i\u015fletmecili\u011fi.<\/li>\n<li><b>G\u0131da \u00dcretimi (Serac\u0131l\u0131k):<\/b> Manisa Salihli&#8217;de toplam 137.000 m\u00b2 kapal\u0131 alana sahip modern, topraks\u0131z ve jeotermal kaynakl\u0131 seralarda y\u0131ll\u0131k 2.080 ton kapasiteyle salk\u0131m domates \u00fcretimi.<\/li>\n<li><b>G\u0131da \u00dcretimi (S\u00fct \u00dcr\u00fcnleri):<\/b> Ba\u011fl\u0131 ortakl\u0131k Se\u00e7kin Peynircilik arac\u0131l\u0131\u011f\u0131yla Tekirda\u011f Hayrabolu&#8217;daki tesiste &#8220;Muzaffer Erdo\u011fru&#8221; ve &#8220;Se\u00e7kin Peynircilik&#8221; markalar\u0131 alt\u0131nda peynir, tereya\u011f\u0131 ve di\u011fer s\u00fct \u00fcr\u00fcnlerinin \u00fcretimi.<\/li>\n<li><b>Enerji:<\/b> Grup b\u00fcnyesindeki enerji maliyetlerini d\u00fc\u015f\u00fcrmek amac\u0131yla Tokat Artova&#8217;da 1.250 kW kurulu g\u00fcc\u00fcnde g\u00fcne\u015f enerjisi santrali i\u015fletmecili\u011fi. (Kent GES ve Sar\u0131 Enerji \u015firketleri, 17.05.2024 tarihinde ana \u015firket ile birle\u015fmi\u015ftir.)<\/li>\n<\/ul>\n<p>Grup, konsolidasyon kapsam\u0131nda a\u015fa\u011f\u0131daki ba\u011fl\u0131 ortakl\u0131klara sahiptir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ba\u011fl\u0131 Ortakl\u0131k<\/td>\n<td>Faaliyet \u00dclkesi<\/td>\n<td>Faaliyet Alan\u0131<\/td>\n<td>Mopa\u015f&#8217;\u0131n Pay Oran\u0131 (%)<\/td>\n<\/tr>\n<tr>\n<td><b>Se\u00e7kin Peynircilik G\u0131da San. ve Tic. A.\u015e.<\/b><\/td>\n<td>T\u00fcrkiye<\/td>\n<td>G\u0131da \u00dcretimi<\/td>\n<td>100%<\/td>\n<\/tr>\n<tr>\n<td><b>Se\u00e7kin Serac\u0131l\u0131k San. ve Tic. A.\u015e.<\/b><\/td>\n<td>T\u00fcrkiye<\/td>\n<td>G\u0131da \u00dcretimi<\/td>\n<td>100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>1.3. Y\u00f6netim Yap\u0131s\u0131 ve Kurumsal Y\u00f6netim<\/h3>\n<p>\u015eirket, Sermaye Piyasas\u0131 Kurulu&#8217;nun Kurumsal Y\u00f6netim Tebli\u011fi ilkelerine uyum \u00e7er\u00e7evesinde faaliyetlerini s\u00fcrd\u00fcrmektedir.<\/p>\n<p><b>Y\u00f6netim Kurulu (03.07.2025 itibar\u0131yla):<\/b><\/p>\n<ul>\n<li>Haci Mustafa Narman<\/li>\n<li>Haci Fer\u015fat Narman<\/li>\n<li>Bedrettin Demirer<\/li>\n<li>Murat Narman<\/li>\n<li>B\u00fclent Aksu<\/li>\n<li>\u0130lhami F\u0131nd\u0131k\u00e7\u0131<\/li>\n<\/ul>\n<p><b>Y\u00f6netim Kurulu Komiteleri:<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Komite<\/td>\n<td>Ba\u015fkan<\/td>\n<td>\u00dcyeler<\/td>\n<\/tr>\n<tr>\n<td><b>Denetimden Sorumlu Komite<\/b><\/td>\n<td>B\u00fclent Aksu<\/td>\n<td>\u0130lhami F\u0131nd\u0131k\u00e7\u0131<\/td>\n<\/tr>\n<tr>\n<td><b>Kurumsal Y\u00f6netim Komitesi<\/b><\/td>\n<td>\u0130lhami F\u0131nd\u0131k\u00e7\u0131<\/td>\n<td>Haci Fer\u015fat Narman, Fatih Karacanik<\/td>\n<\/tr>\n<tr>\n<td><b>Riskin Erken Saptanmas\u0131 Komitesi<\/b><\/td>\n<td>B\u00fclent Aksu<\/td>\n<td>\u0130lhami F\u0131nd\u0131k\u00e7\u0131, Haci Fer\u015fat Narman<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Komiteler, kendi alanlar\u0131ndaki g\u00f6zetim ve dan\u0131\u015fmanl\u0131k g\u00f6revlerini yerine getirerek Y\u00f6netim Kurulu&#8217;na d\u00fczenli olarak raporlama yapmaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Performans Analizi (01.01.2025 &#8211; 30.09.2025)<\/h2>\n<p><i>T\u00fcm finansal veriler, TMS 29 &#8220;Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama&#8221; standard\u0131na g\u00f6re d\u00fczeltilmi\u015f ve 30 Eyl\u00fcl 2025 tarihindeki al\u0131m g\u00fcc\u00fcyle ifade edilmi\u015ftir.<\/i><\/p>\n<h3>2.1. Gelir Tablosu Analizi<\/h3>\n<p>Grup, 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda sat\u0131\u015flar\u0131n\u0131 ve karl\u0131l\u0131\u011f\u0131n\u0131 art\u0131rm\u0131\u015ft\u0131r.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem (milyon TL)<\/td>\n<td>01.01-30.09.2025<\/td>\n<td>01.01-30.09.2024<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>12.893,6<\/td>\n<td>12.298,0<\/td>\n<td>4,8%<\/td>\n<\/tr>\n<tr>\n<td>Sat\u0131\u015flar\u0131n Maliyeti (-)<\/td>\n<td>(9.515,0)<\/td>\n<td>(9.003,6)<\/td>\n<td>5,7%<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar<\/b><\/td>\n<td><b>3.378,6<\/b><\/td>\n<td><b>3.294,4<\/b><\/td>\n<td><b>2,6%<\/b><\/td>\n<\/tr>\n<tr>\n<td><i>Br\u00fct Kar Marj\u0131<\/i><\/td>\n<td><i>26,2%<\/i><\/td>\n<td><i>26,8%<\/i><\/td>\n<td><i>-0,6 p.p.<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>Esas Faaliyet Kar\u0131 \/ (Zarar\u0131)<\/b><\/td>\n<td><b>17,5<\/b><\/td>\n<td><b>(145,1)<\/b><\/td>\n<td><b>Pozitife D\u00f6n\u00fc\u015f<\/b><\/td>\n<\/tr>\n<tr>\n<td>Net Parasal Pozisyon Kazan\u00e7lar\u0131<\/td>\n<td>322,1<\/td>\n<td>634,4<\/td>\n<td>-49,2%<\/td>\n<\/tr>\n<tr>\n<td><b>Vergi \u00d6ncesi Kar<\/b><\/td>\n<td><b>203,5<\/b><\/td>\n<td><b>246,6<\/b><\/td>\n<td><b>-17,5%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Net D\u00f6nem Kar\u0131<\/b><\/td>\n<td><b>152,2<\/b><\/td>\n<td><b>63,0<\/b><\/td>\n<td><b>141,6%<\/b><\/td>\n<\/tr>\n<tr>\n<td><i>Net Kar Marj\u0131<\/i><\/td>\n<td><i>1,18%<\/i><\/td>\n<td><i>0,51%<\/i><\/td>\n<td><i>+0,67 p.p.<\/i><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>Sat\u0131\u015flar ve B\u00fcy\u00fcme:<\/b> Konsolide has\u0131lat, reel olarak %4,8 art\u0131\u015fla 12,9 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. Bu b\u00fcy\u00fcme, m\u00fc\u015fteri trafi\u011findeki art\u0131\u015f ve yeni ma\u011faza a\u00e7\u0131l\u0131\u015flar\u0131n\u0131n bir sonucudur.<\/li>\n<li><b>Karl\u0131l\u0131k:<\/b> Br\u00fct kar marj\u0131, rekabet\u00e7i fiyatland\u0131rma stratejisi ve maliyet yap\u0131s\u0131ndaki de\u011fi\u015fimlere ba\u011fl\u0131 olarak hafif bir gerileme ile %26,2 olarak ger\u00e7ekle\u015fmi\u015ftir. Ancak, operasyonel giderlerin etkin y\u00f6netimi sayesinde Esas Faaliyet Kar\u0131, \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki 145,1 milyon TL&#8217;lik zarara kar\u015f\u0131l\u0131k 17,5 milyon TL kara d\u00f6n\u00fc\u015fm\u00fc\u015ft\u00fcr.<\/li>\n<li><b>Net Kar:<\/b> Daha d\u00fc\u015f\u00fck parasal pozisyon kazanc\u0131na ra\u011fmen, operasyonel karl\u0131l\u0131ktaki iyile\u015fme sayesinde Net D\u00f6nem Kar\u0131 %141,6&#8217;l\u0131k g\u00fc\u00e7l\u00fc bir art\u0131\u015fla 152,2 milyon TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<h3>2.2. Bilan\u00e7o Analizi (30.09.2025 vs. 31.12.2024)<\/h3>\n<p>Grubun bilan\u00e7osu, \u00f6zellikle halka arz sonras\u0131 g\u00fc\u00e7lenen \u00f6zkaynak yap\u0131s\u0131yla dikkat \u00e7ekmektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem (milyon TL)<\/td>\n<td>30.09.2025<\/td>\n<td>31.12.2024<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td>4.537,9<\/td>\n<td>3.392,7<\/td>\n<td>33,8%<\/td>\n<\/tr>\n<tr>\n<td><i>Nakit ve Nakit Benzerleri<\/i><\/td>\n<td><i>885,9<\/i><\/td>\n<td><i>870,5<\/i><\/td>\n<td><i>1,8%<\/i><\/td>\n<\/tr>\n<tr>\n<td><i>Finansal Yat\u0131r\u0131mlar<\/i><\/td>\n<td><i>915,2<\/i><\/td>\n<td><i>0,0<\/i><\/td>\n<td><i>Yeni<\/i><\/td>\n<\/tr>\n<tr>\n<td><i>Stoklar<\/i><\/td>\n<td><i>2.026,7<\/i><\/td>\n<td><i>1.928,7<\/i><\/td>\n<td><i>5,1%<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td>3.957,9<\/td>\n<td>3.689,0<\/td>\n<td>7,3%<\/td>\n<\/tr>\n<tr>\n<td><i>Maddi Duran Varl\u0131klar<\/i><\/td>\n<td><i>1.940,2<\/i><\/td>\n<td><i>1.791,3<\/i><\/td>\n<td><i>8,3%<\/i><\/td>\n<\/tr>\n<tr>\n<td><i>Kullan\u0131m Hakk\u0131 Varl\u0131klar\u0131<\/i><\/td>\n<td><i>1.913,4<\/i><\/td>\n<td><i>1.798,8<\/i><\/td>\n<td><i>6,4%<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM VARLIKLAR<\/b><\/td>\n<td><b>8.495,8<\/b><\/td>\n<td><b>7.081,7<\/b><\/td>\n<td><b>19,9%<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td>2.470,1<\/td>\n<td>2.729,4<\/td>\n<td>-9,5%<\/td>\n<\/tr>\n<tr>\n<td><i>K\u0131sa Vadeli Bor\u00e7lanmalar<\/i><\/td>\n<td><i>401,9<\/i><\/td>\n<td><i>669,7<\/i><\/td>\n<td><i>-40,0%<\/i><\/td>\n<\/tr>\n<tr>\n<td><i>Ticari Bor\u00e7lar<\/i><\/td>\n<td><i>1.832,8<\/i><\/td>\n<td><i>1.791,3<\/i><\/td>\n<td><i>2,3%<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td>1.392,2<\/td>\n<td>1.456,8<\/td>\n<td>-4,4%<\/td>\n<\/tr>\n<tr>\n<td><i>Uzun Vadeli Bor\u00e7lanmalar<\/i><\/td>\n<td><i>963,0<\/i><\/td>\n<td><i>921,6<\/i><\/td>\n<td><i>4,5%<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM Y\u00dcK\u00dcML\u00dcL\u00dcKLER<\/b><\/td>\n<td><b>3.862,3<\/b><\/td>\n<td><b>4.186,2<\/b><\/td>\n<td><b>-7,7%<\/b><\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6ZKAYNAKLAR<\/b><\/td>\n<td><b>4.633,5<\/b><\/td>\n<td><b>2.895,5<\/b><\/td>\n<td><b>59,9%<\/b><\/td>\n<\/tr>\n<tr>\n<td><i>\u00d6denmi\u015f Sermaye<\/i><\/td>\n<td><i>273,0<\/i><\/td>\n<td><i>230,0<\/i><\/td>\n<td><i>18,7%<\/i><\/td>\n<\/tr>\n<tr>\n<td><i>Paylara \u0130li\u015fkin Primler<\/i><\/td>\n<td><i>1.677,2<\/i><\/td>\n<td><i>117,2<\/i><\/td>\n<td><i>1331,1%<\/i><\/td>\n<\/tr>\n<tr>\n<td><i>Net D\u00f6nem Kar\u0131<\/i><\/td>\n<td><i>152,2<\/i><\/td>\n<td><i>286,2<\/i><\/td>\n<td><i>-46,8% (<\/i>)*<\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM KAYNAKLAR<\/b><\/td>\n<td><b>8.495,8<\/b><\/td>\n<td><b>7.081,7<\/b><\/td>\n<td><b>19,9%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>(*) 31.12.2024 bakiyesi 12 ayl\u0131k kar\u0131, 30.09.2025 bakiyesi 9 ayl\u0131k kar\u0131 g\u00f6stermektedir.<\/p>\n<ul>\n<li><b>Varl\u0131k Yap\u0131s\u0131:<\/b> Toplam varl\u0131klar %19,9 artarak 8,5 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. D\u00f6nen varl\u0131klardaki art\u0131\u015f\u0131n ana nedeni, halka arz gelirlerinin bir k\u0131sm\u0131yla yap\u0131lan 915 milyon TL&#8217;lik yeni finansal yat\u0131r\u0131mlard\u0131r.<\/li>\n<li><b>Y\u00fck\u00fcml\u00fcl\u00fckler:<\/b> Toplam y\u00fck\u00fcml\u00fcl\u00fckler %7,7 azalarak 3,86 milyar TL&#8217;ye gerilemi\u015ftir. \u00d6zellikle k\u0131sa vadeli finansal bor\u00e7lardaki %40&#8217;l\u0131k d\u00fc\u015f\u00fc\u015f dikkat \u00e7ekicidir.<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> \u00d6zkaynaklar, halka arzdan elde edilen 1,46 milyar TL&#8217;lik emisyon primi ve sermaye art\u0131r\u0131m\u0131 sayesinde %59,9 artarak 4,6 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. Bu art\u0131\u015f \u015firketin finansal yap\u0131s\u0131n\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde g\u00fc\u00e7lendirmi\u015ftir.<\/li>\n<\/ul>\n<h3>2.3. Nakit Ak\u0131\u015f Analizi<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem (milyon TL)<\/td>\n<td>01.01-30.09.2025<\/td>\n<td>01.01-30.09.2024<\/td>\n<\/tr>\n<tr>\n<td>\u0130\u015fletme Faaliyetlerinden Net Nakit Ak\u0131\u015f\u0131<\/td>\n<td>(525,1)<\/td>\n<td>272,2<\/td>\n<\/tr>\n<tr>\n<td>Yat\u0131r\u0131m Faaliyetlerinden Net Nakit Ak\u0131\u015f\u0131<\/td>\n<td>(293,8)<\/td>\n<td>(197,9)<\/td>\n<\/tr>\n<tr>\n<td>Finansman Faaliyetlerinden Net Nakit Ak\u0131\u015f\u0131<\/td>\n<td>657,9<\/td>\n<td>(345,6)<\/td>\n<\/tr>\n<tr>\n<td><b>Nakit ve Nakit Benzerlerindeki Net De\u011fi\u015fim<\/b><\/td>\n<td><b>15,5<\/b><\/td>\n<td><b>(75,7)<\/b><\/td>\n<\/tr>\n<tr>\n<td>D\u00f6nem Ba\u015f\u0131 Nakit ve Nakit Benzerleri<\/td>\n<td>870,5<\/td>\n<td>817,0<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nem Sonu Nakit ve Nakit Benzerleri<\/b><\/td>\n<td><b>885,9<\/b><\/td>\n<td><b>741,3<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><b>\u0130\u015fletme Faaliyetleri:<\/b> \u0130\u015fletme faaliyetlerinden nakit ak\u0131\u015f\u0131, \u00f6zellikle 915 milyon TL&#8217;lik finansal yat\u0131r\u0131mlardaki art\u0131\u015f nedeniyle negatif 525,1 milyon TL olarak ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>Yat\u0131r\u0131m Faaliyetleri:<\/b> Maddi ve maddi olmayan duran varl\u0131k al\u0131mlar\u0131 nedeniyle 293,8 milyon TL&#8217;lik nakit \u00e7\u0131k\u0131\u015f\u0131 olmu\u015ftur.<\/li>\n<li><b>Finansman Faaliyetleri:<\/b> Halka arzdan elde edilen 1,56 milyar TL&#8217;lik nakit giri\u015fi, bor\u00e7 ve kira geri \u00f6demelerini fazlas\u0131yla kar\u015f\u0131layarak 657,9 milyon TL&#8217;lik pozitif nakit ak\u0131\u015f\u0131 yaratm\u0131\u015ft\u0131r.<\/li>\n<li><b>Sonu\u00e7:<\/b> G\u00fc\u00e7l\u00fc finansman faaliyetleri sayesinde, Grubun d\u00f6nem sonu nakit pozisyonu 15,5 milyon TL artarak 885,9 milyon TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>2.4. \u00d6nemli Finansal Oranlar<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Oran<\/td>\n<td>Eyl\u00fcl 2025<\/td>\n<td>Aral\u0131k 2024<\/td>\n<td>Yorum<\/td>\n<\/tr>\n<tr>\n<td><b>Cari Oran<\/b><\/td>\n<td>1,84<\/td>\n<td>1,24<\/td>\n<td>K\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fckleri kar\u015f\u0131lama g\u00fcc\u00fc \u00f6nemli \u00f6l\u00e7\u00fcde artt\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>Finansal Kald\u0131ra\u00e7<\/b><\/td>\n<td>0,45<\/td>\n<td>0,59<\/td>\n<td>Varl\u0131klar\u0131n bor\u00e7la finanse edilme oran\u0131 azald\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Y\u00fck\u00fcml\u00fcl\u00fckler \/ \u00d6zkaynaklar<\/b><\/td>\n<td>0,83<\/td>\n<td>1,45<\/td>\n<td>Bor\u00e7luluk seviyesi d\u00fc\u015ft\u00fc, finansal risk azald\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar Marj\u0131<\/b><\/td>\n<td>%26,20<\/td>\n<td>&#8211;<\/td>\n<td>\u00d6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re hafif gerileme.<\/td>\n<\/tr>\n<tr>\n<td><b>FAV\u00d6K Marj\u0131<\/b><\/td>\n<td>%6,66<\/td>\n<td>%6,45<\/td>\n<td>Operasyonel verimlilikte hafif bir art\u0131\u015f.<\/td>\n<\/tr>\n<tr>\n<td><b>Net Kar Marj\u0131<\/b><\/td>\n<td>%1,18<\/td>\n<td>%0,51<\/td>\n<td>Net karl\u0131l\u0131kta \u00f6nemli bir iyile\u015fme.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Operasyonel Performans ve Stratejik Geli\u015fmeler<\/h2>\n<h3>3.1. Ma\u011faza A\u011f\u0131 ve B\u00fcy\u00fcme<\/h3>\n<p>Grup, 30 Eyl\u00fcl 2025 itibar\u0131yla 130 ma\u011faza ile faaliyet g\u00f6stermektedir. 2025&#8217;in ilk dokuz ay\u0131nda 7 yeni \u015fube a\u00e7\u0131lm\u0131\u015f, 3 \u015fube kapat\u0131larak net 4 \u015fubelik bir b\u00fcy\u00fcme sa\u011flanm\u0131\u015ft\u0131r.<\/p>\n<ul>\n<li><b>Toplam Ma\u011faza Say\u0131s\u0131:<\/b> 130<\/li>\n<li><b>Toplam Al\u0131\u015fveri\u015f Alan\u0131:<\/b> 81.555 m\u00b2<\/li>\n<li><b>Ma\u011faza Ba\u015f\u0131na Ortalama Alan:<\/b> 628 m\u00b2<\/li>\n<li><b>Faaliyet G\u00f6sterilen \u0130ller:<\/b> \u0130stanbul (106 ma\u011faza), Kocaeli (24 ma\u011faza)<\/li>\n<li><b>Y\u0131ll\u0131k Ziyaret\u00e7i Say\u0131s\u0131:<\/b> 40+ milyon<\/li>\n<\/ul>\n<h3>3.2. \u015eirket Tarih\u00e7esindeki \u00d6nemli Geli\u015fmeler<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Y\u0131l<\/td>\n<td>Geli\u015fme<\/td>\n<\/tr>\n<tr>\n<td><b>1996<\/b><\/td>\n<td>Mopa\u015f markas\u0131yla s\u00fcpermarket faaliyetlerine ba\u015fland\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>2010<\/b><\/td>\n<td>Se\u00e7kin Peynircilik sat\u0131n al\u0131nd\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>2018<\/b><\/td>\n<td>Manisa&#8217;da 72.000 m\u00b2&#8217;lik modern sera tesisi yat\u0131r\u0131m\u0131 tamamland\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>2021<\/b><\/td>\n<td>Online sat\u0131\u015f kanal\u0131 mopas.com.tr hizmete a\u00e7\u0131ld\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>2023<\/b><\/td>\n<td>Manisa&#8217;da ek 65.000 m\u00b2 sera tesisi faaliyete ge\u00e7ti; toplam sera alan\u0131 137.000 m\u00b2&#8217;ye ula\u015ft\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>2024<\/b><\/td>\n<td>Tokat\/Artova&#8217;da 2,5 MW&#8217;l\u0131k GES tesisi faaliyete al\u0131nd\u0131.<\/td>\n<\/tr>\n<tr>\n<td><b>2025<\/b><\/td>\n<td>Borsa \u0130stanbul&#8217;da i\u015flem g\u00f6rmeye ba\u015flad\u0131; 7 yeni \u015fube a\u00e7\u0131ld\u0131.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>3.3. Sekt\u00f6r De\u011ferlendirmesi ve Ekonomik G\u00f6r\u00fcn\u00fcm<\/h3>\n<p>2025 y\u0131l\u0131n\u0131n ikinci \u00e7eyre\u011finde T\u00fcrkiye ekonomisi reel olarak %4,8 b\u00fcy\u00fcm\u00fc\u015f, hanehalk\u0131 nihai t\u00fcketim harcamalar\u0131 ise %5,1 artm\u0131\u015ft\u0131r. Bu pozitif makroekonomik ortam, perakende sekt\u00f6r\u00fcn\u00fc desteklemi\u015ftir. Eyl\u00fcl 2025 itibar\u0131yla y\u0131ll\u0131k T\u00dcFE&#8217;nin %33,29&#8217;a gerilemesi, enflasyonist bask\u0131n\u0131n bir miktar azald\u0131\u011f\u0131na i\u015faret etmektedir. Mopa\u015f, bu ekonomik konjonkt\u00fcrde reel b\u00fcy\u00fcme sa\u011flayarak ve operasyonel verimlili\u011fini art\u0131rarak g\u00fc\u00e7l\u00fc bir performans sergilemi\u015ftir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"68\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Mopa\u015f&#8217;\u0131n Bilan\u00e7osunun Perde Arkas\u0131: Herkesin G\u00f6zden Ka\u00e7\u0131rd\u0131\u011f\u0131 5 \u015ea\u015f\u0131rt\u0131c\u0131 Detay Giri\u015f: Bir S\u00fcpermarketten \u00c7ok Daha Fazlas\u0131 \u00c7o\u011fumuz i\u00e7in Mopa\u015f, g\u00fcnl\u00fck al\u0131\u015fveri\u015flerimizi yapt\u0131\u011f\u0131m\u0131z, raflar\u0131nda tan\u0131d\u0131k markalar\u0131 buldu\u011fumuz bir s\u00fcpermarket zincirinden ibaret. Ancak, \u015firketin 29 Ocak 2025&#8217;teki halka arz\u0131n\u0131n ard\u0131ndan yay\u0131nlad\u0131\u011f\u0131 2025&#8230; <\/p>\n","protected":false},"author":1,"featured_media":69,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[6,10],"class_list":["post-68","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-2025-09","tag-mopas"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/68","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=68"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":70,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/68\/revisions\/70"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/69"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}