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Monday, April 09, 2012

Turkey's Dogan Yayin posts 1.2 bln lira loss after tax fines | Reuters

Turkey's Dogan Yayin posts 1.2 bln lira loss after tax fines

ISTANBUL, April 9 | Mon Apr 9, 2012 5:23am EDT

(Reuters) - Dogan Yayin Holding , Turkey's biggest media group, posted a net loss of 1.2 billion lira ($669.19 million) for 2011 compared with a loss of 236 million lira the previous year, after paying fines of more than 900 million lira for failure to pay taxes.

More:Turkey's Dogan Yayin posts 1.2 bln lira loss after tax fines | Reuters