Shares of Turkcell Iletisim Hizmetleri AS (TKC) surged 17.80% in pre-market trading on Wednesday, following the release of robust financial forecasts for the upcoming fiscal year. The Turkish telecommunications company's positive outlook has sparked investor enthusiasm, driving the stock to significant gains.

According to the released projections, TKC Corp expects to generate revenue of 85.50 billion yen for the fiscal year ending September 2026. The company's operating profit is forecasted to reach 16.60 billion yen, with a pretax profit of 17.10 billion yen. Notably, TKC Corp anticipates a net profit of 12.15 billion yen for the full fiscal year, translating to earnings per share of 235.37 yen.

The strong financial outlook suggests that Turkcell is poised for substantial growth in the coming year. Investors appear to be reacting positively to these projections, as reflected in the sharp pre-market stock price increase. As the trading day progresses, market participants will be closely watching to see if this upward momentum continues and whether the company can deliver on these ambitious financial targets.