Ihlas Yayin Holding A.S. reported consolidated earnings results for the three months and year to date ended September 30, 2012. For the three months, the company reported revenues of USD 20,359,034 compared to USD 21,422,556 a year ago. Operating loss was USD 2,730,628 compared to USD 956,724 a year ago. Loss before tax from continuing operations was USD 1,469,847 compared to profit before tax from continuing operations of USD 871,262 a year ago. Loss for the period from continuing operations was USD 1,316,621 compared to profit for the period from continuing operations of USD 573,222 a year ago. Current loss was USD 1,316,621 compared to current profit of USD 573,222 a year ago. Loss for the period attributable to the equity holders of the parent company was USD 1,154,865 compared to profit for the period attributable to the equity holders of the parent company of USD 230,954 a year ago.

For the year to date, the company reported revenues of USD 60,413,169 compared to USD 68,166,914 a year ago. Operating loss was USD 6,093,579 compared to USD 2,164,692 a year ago. Loss before tax from continuing operations was USD 1,354,473 compared to profit before tax from continuing operations of USD 1,631,160 a year ago. Loss for the period from continuing operations was USD 1,494,813 compared to profit for the period from continuing operations of USD 1,142,748 a year ago. Current loss was USD 1,494,813 compared to current profit of USD 1,142,748 a year ago. Loss for the period attributable to the equity holders of the parent company was USD 1,229,132 compared to profit for the period attributable to the equity holders of the parent company of USD 459,765 a year ago. Net cash from operating activities was USD 4,058,237 compared to net cash used in operating activities of USD 8,816,245 a year ago. Purchases of property, plant, and equipment and investment properties were USD 2,492,093 compared to USD 4,012,897 a year ago. Purchases of intangible assets were USD 153,423 compared to USD 603,215 a year ago.