GDS Holdings Reconciles H1 2024 Financials with IFRS
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GDS Holdings Reconciles H1 2024 Financials with IFRS

GDS Holdings (GDS) has released an update.

GDS Holdings Limited has reported its unaudited interim financial results for the first half of 2024, prepared under U.S. GAAP, and reconciled these results with International Financial Reporting Standards (IFRS). The reconciliation, reviewed by KPMG, ensures that the financial statements conform to IFRS requirements, despite no material discrepancies being found between the reported U.S. GAAP and IFRS amounts. This process is critical for stakeholders who rely on the consistency and comparability of financial information across different reporting frameworks.

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