Cyprus-based IT distributor posts record profit as AI demand drives growth

Asbis delivers ‘best quarter in company history’ Cyprus-based IT distributor ASBISc Enterprises Plc, commonly known as Asbis, on Thursday reported its most profitable quarter on record after net profit more than tripled during the second quarter of 2026. According to the company’s half-year report, this was driven by booming demand for AI infrastructure, smartphones and […]