ASBISc Enterprises PLC published Consolidated Interim Report for Q1 2010
ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, the Middle East and Africa, published its Consolidated Interim Report for Q1 2010.
ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, Middle East and Africa, posted revenues of USD 331 million for the first quarter of 2010 – 39% higher than in Q1 2009. The company’s gross profit increased by 115% y-o-y to USD 15.4 million, operating profit amounted nearly USD 1.8 million, while net profit exceeded USD 200 thousand. These results represent significant improvement compared to the corresponding period of 2009, indicating strong recovery from the worldwide economic slowdown.
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