CORRECTED-Turkey's Sabanci Holding Q1 net profit falls 27 percent to 403.2 mln lira

Mon May 12, 2014 2:17pm EDT

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(Corrects sales figure)

ISTANBUL May 12 (Reuters) - Turkey's Sabanci Holding posted a 27 percent fall in first quarter net profit to 403.2 million lira, it said in a filing on Monday.

The conglomerate's sales rose 20 percent on the year to 6.37 billion lira, its results posted on Istanbul stock exchange showed. (Reporting by Ece Toksabay, editing by Dasha Afanasieva and David Evans)