The effect of COVID-19 on the financial statements of retail trade enterprises operating to Borsa İstanbul

Retail trade, which has an important place in the economy, fulfills an important function by meeting personal consumption needs. In order to determine the impact of the Covid-19 global epidemic, which has its effect in every field, on the retail sector, it was tried to determine the economic effects of the epidemic by comparing the pre-epidemic (2019) and the 6-month data of the epidemic period (2020) of 12 retail trade companies traded in Borsa Istanbul. In this context, the changes in the activity results tables of 12 companies were determined. According to the results, the Covid-19 outbreak has negatively affected retail trading companies in general. In the study, it was determined that 8 out of 12 companies whose financial statements were examined were highly adversely affected by the epidemic, and 1 company was moderately negatively affected. It was determined that 2 companies had a high level and 1 company was positively affected by the epidemic. Based on these results, it can be said that the epidemic negatively affected the retail trade sector to a great extent. Key Words: Retail Trade, Covid-19, Economic Effects of the Pandemic.