Fonet Bilgi stock wins a TRY 137.72 million health IT tender

Published on 09/30/2026 at 22:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fonet Bilgi stock is linked to a TRY 137.72 million health IT tender awarded on September 28, 2026. First-half sales rose 29 percent.

Fonet Bilgi, TRAFONET91E8, Illustration mit AI erstellt.

Fonet Bilgi stock (ISIN TRAFONET91E8) is linked to a TRY 137.72 million health IT tender awarded on September 28, 2026. According to CNBC, Fonet Bilgi won the 36-month contract from the Batman Provincial Health Directorate, subject to the legal objection period before signing.

Three years of health software

The contract covers Health Information Management System and Intensive Care Information Management System services for public healthcare institutions. The three-year term gives Fonet Bilgi a defined service period, while the TRY 137.72 million value provides a concrete benchmark against the company's recent financial scale.

The Batman award follows a second public-sector tender process in September. On September 25, 2026, Fonet Bilgi submitted the best bid of TRY 153.99 million for a 36-month health information management service contract in Denizli, according to Dunya; that process was listed as continuing.

First-half growth sets the benchmark

Fonet Bilgi reported TRY 493.5 million in net sales for the first six months of 2026, compared with TRY 382.6 million in the first six months of 2025. The 29 percent increase was accompanied by TRY 198.5 million in EBITDA, up 31 percent from TRY 151.1 million, according to FVT.

Net profit reached TRY 103.6 million in the same period, compared with TRY 45.2 million a year earlier. That 129 percent increase is the sharper comparison for investors because it shows earnings growth outpacing sales growth during the first half.

Market value and trading range

Fonet Bilgi had a market capitalization of TRY 3.9 billion as of September 30, 2026. Its 52-week range stood at TRY 2.44 to TRY 6.39, placing the company's public valuation against a broad annual trading span.

For investors, the key connection is between recurring public healthcare contracts and operating execution. The Batman award has a 36-month service horizon, while first-half sales of TRY 493.5 million and net profit of TRY 103.6 million provide the latest reported baseline.