Informations about ABC Data Product news
In November 2018, the estimated consolidated sales revenue generated by ABC Data Group amounted to PLN 548 million. Cumulatively, the estimated consolidated sales revenue for the last 11 months amounted to PLN 4.1 billion.
On 16 November 2018, iSource S.A was informed about the decision of the Director of the Chamber of Fiscal Administration regarding the control for the first half of 2013. The Director of the Chamber upheld the decision of the body of first instance related to the tax (VAT) liability of the Company for the aforementioned period. ABC DATA S.A and its subsidiary, iSource S.A uphold their standpoint that the issued decision was vitiated by an error of law. iSource is to make an appeal against the decision before the Regional Administrative Court in Warsaw.
In Q3 2018 the Group generated PLN 1,096.6 million in sales revenue and in total in the three quarters of 2018 its revenues amounted to PLN 3,087.5 million. The Group managed to maintain a similar year-on-year level of revenue, both when it comes to Q3 2018 and the first 9 months of 2018. Gross profit on sales in Q1-3 2018 amounted to PLN 167.6 million (-2% y/y), and in Q3 alone it amounted to 2018 PLN 61.0 million (-1% y/y).
In the third quarter of 2018, the company maintained its last year's level of revenues in the amount of nearly PLN 1.1 billion. The overall sales results have been positively influenced by sales in the hardware (especially computers and peripheral devices) and value-added segments. Sales in the gaming and mobile segment also maintained a high level, especially when it comes to smartphones by Apple and Xiaomi.
Alibaba Cloud, the cloud computing arm of Alibaba Group, has entered into strategic partnership with ABC Data, a leading IT hardware and consumer electronics distributor in Central and Eastern Europe, to bring powerful, reliable and cost-effective cloud computing products and services to the CEE market in a bid to help local businesses capture opportunities during the digital age.