ASBISc Enterprises PLC published Consolidated Interim Report for Q3 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 Q3 2010.
ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, Middle East and Africa, posted revenues of USD 357 million for the third quarter of 2010, 23.67% higher than in Q3 2009. In the same time gross profit grew by 19.69% to USD 17.27 million compared to USD 14.42 million in Q3 2009. Strong growth in revenues and gross profit resulted in almost double operating profit that amounted to U.S.$ 4.12 million compared to U.S.$ 2.09 million in Q3 2009. Finally net profit reached U.S.$ 1.31 million – 17.78% higher compared to U.S.$ 1.11 million in Q3 2009. These results represent ASBISC’s stronger market position, driven by growing demand and the Company’s upgraded product portfolio on its main markets.
Disclaimer: The information contained in each press release posted on this site was factually accurate on the date it was issued. While these press releases and other materials remain on the Company's website, the Company assumes no duty to update the information to reflect subsequent developments. Consequently, readers of the press releases and other materials should not rely upon the information as current or accurate after their issuance dates.
