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 firstname.lastname@example.org
To contact the editor responsible for this story: Gavin Serkin at email@example.com