Vestel Elektronik has released its first quarter results, posting a net loss in Q1 of 74.1 million Turkish lira (TRY) ($27.5 million) on turnover of TRY1.8 billion ($669.3 million), which compares with a net profit a year earlier of TRY51.4 million ($19.1 million) on turnover of TRY1.7 billion ($632.9 million).