Hepsiburada (HEPS) Reports Q2 Results

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Go back to Hepsiburada (HEPS) Reports Q2 Results

Hepsiburada Announces Second Quarter 2024 Financial Results

September 11, 2024 7:00 AM EDT

ISTANBUL, Sept. 11, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a Hepsiburada) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as Hepsiburada or the Company), today announces its unaudited financial results for the second quarter and the six months ended June 30, 2024.

Restatement of financial information: Pursuant to the International Accounting Standard 29, Financial Reporting in Hyperinflationary Economies (IAS 29), the financial statements of entities whose functional currency is that of a hyperinflationary economy must be adjusted for the effects of changes in a general price index. Turkish companies reporting... More