Cypriot IT Distributor Asbis Reports Record Profits in First Quarter
Cyprus-based company ASBISc Enterprises Plc (known as Asbis) recorded a net profit of 36.3 million dollars and revenue of 1.27 billion dollars in the first quarter of 2026. The company is benefiting strongly from rising global demand for AI infrastructure and servers, significantly outpacing the broader eurozone ICT distribution trend.