Hepsiburada (HEPS) Reports Q4 Results

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Go back to Hepsiburada (HEPS) Reports Q4 Results

Hepsiburada Announces Fourth Quarter and Full Year 2023 Financial Results

March 25, 2024 6:30 AM EDT

ISTANBUL, Türkiye, March 25, 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 fourth quarter and full year ended December 31, 2023.

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