Cyprus-based IT distributor Asbis reports record first-quarter profit

Cyprus-based IT distributor Asbis reports record first-quarter profit

ASBISc Enterprises Plc has reported a record net profit of $36.3 million and revenue of $1.27 billion in Q1 2026, significantly outpacing the broader eurozone ICT distribution trend as demand for AI infrastructure and servers continues to accelerate globally. The Cyprus-based IT distributor, which is more commonly known as Asbis, said results for the three-month period ended March 31, 2026 marked the best quarter in its history. Specifically, re…