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Asbis Reports $531M Revenues in July 2026, Up 89% Year-on-Year

Cyprus-headquartered IT distributor ASBISc Enterprises Plc, known as Asbis, announced estimated consolidated revenues of approximately $531 million for July 2026, marking an 89 percent increase compared to July 2025. The company recorded $281 million in revenues for the same month last year.

This strong monthly performance follows Asbis’s record-breaking second quarter, during which net profit more than tripled to $44.3 million, the highest in its 36-year history. The first half of 2026 saw net profit after tax of $80.6 million, a significant rise from $19.4 million in 2025.

Sales growth has been driven by high demand for AI infrastructure, smartphones, and servers in international markets. Total revenue for the first six months reached $2.97 billion, up 76 percent year-on-year, alongside an improved gross profit margin of 7.07 percent in the second quarter, reflecting the company’s robust commercial momentum.

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