Eastern European disti ASBIS reports higher pre-tax profits for the first half of 2007, boosted by a 27% surge in revenues. Pre-tax profit increased to $3.8m (€2.8m) from $2.9m (€2.1m) in the same period last year as revenues jumped to $540.1m (€396m) from $426.4m (€313m).

Distribution outfits Asbis and Logicom have both recorded net profits for the first half of the year, but the level of their earnings reiterates the exhausting task that IT wholesalers face to make their endeavours financially worthwhile.

Components distributor Asbis Middle East has signed an agreement with Elitegroup Computer Systems (ECS) to offer the vendor’s complete motherboard range for AMD platforms and its PC-chip motherboards for Intel.

Consolidated Company Will Focus on Developing Sales Channels for Canyon and Prestigio Brands.

The company has revealed intentions to float shares on the Warsaw Stock Exchange later this year.

The company has revealed intentions to float shares on the Warsaw Stock Exchange later this year.