eXpansys posts half year profit

Online wireless and consumer technology retailer eXpansys reported a half year profit compared to a loss during the same six months a year earlier after strong growth particularly in the US and Asia.

Online wireless and consumer technology retailer eXpansys reported a half year profit compared to a loss during the same six months a year earlier after strong growth particularly in the US and Asia.

The group, which sells smartphones, laptops and cables, said pre-tax profit came in at £0.8m for the six months ended 31 October 2011 from a loss of £39,000 the year before. Adjusted profit before tax increased 13% to £1.6m.

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