Asbis estimates July revenue at $531m, up 89 per cent year on year
Limassol-based IT distributor Asbis estimated consolidated revenue of $531 million for July 2026, following a record second quarter.
Limassol, Cyprus. Cyprus-based IT distributor ASBISc Enterprises Plc, commonly known as Asbis, estimated consolidated revenue of approximately $531 million in July 2026, an 89 per cent increase from the same month a year earlier.
The Limassol-headquartered group recorded turnover of $281 million in July 2025.
Monthly revenue estimate
The board of directors said the figure represented its best possible estimate of the company’s monthly financial performance.
Asbis publishes monthly revenue estimates in line with its regulatory disclosure policies. It said final accounting figures may differ slightly once full financial reviews are completed.
The company issued the disclosure under its previous decision to publish estimated monthly consolidated revenues, as outlined in an earlier report.
Second-quarter performance
The July estimate follows the company’s most profitable quarter on record in the second quarter of 2026, when net profit more than tripled year on year.
According to Asbis’ half-year report, net profit reached a record $44.3 million in the second quarter, compared with $12.1 million in the corresponding period of 2025. The company said demand for AI infrastructure, smartphones and servers across its international markets drove the growth.
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