Dogan Holdıng 1q Net Loss Narrows To Try9.9m
Turkish media-to-energy conglomerate Dogan Holding (DOHOL2.IS) late Friday posted a consolidated first quarter net loss of 9.9 million liras ($6.47 million).
The company's net loss was TRY11.3 million in the same period of last year.
According to the Istanbul Stock Exchange's Web site, the decline in net loss stemmed from increasing sales. Sales of Dogan Holding surged to TRY2.41 billion in the first quarter from TRY2.17 billion a year-ago.
Dogan Holding shares Friday closed trading at the Istanbul Stock Exchange 2.78% lower at TRY1.05 comparing to a 3.77% lower overall market.