Dogan Yayin Holding Reports 2011 Loss of 1.2 Billion Liras

Dogan Yayin Holding AS (DYHOL), a Turkish media holding company, reported a loss of 1.2 billion liras ($670 million) last year, compared with a loss of 237 million liras in 2010.

The Istanbul-based company, which owns Turkey’s most- watched television station, Kanal D, as well as daily newspapers including Hurriyet, Radikal and Posta, was expected to report a loss of 1.1 billion liras, according to the average of four analyst estimates on Bloomberg.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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