Profits at mobile technology company Zamano slump despite 80% sales surge

Pre-tax profits at Irish mobile technology company Zamano sunk by almost a third to €794,000 in the opening half of the year despite an 80% surge in sales during the period.

The Dublin-headquartered company saw its pre-tax profits fall from €1.15m, while profit after tax decreased by 33.8%.

This was despite revenue climbing to €18.75m in the opening six months of the year compared to €10.4m in H1 2015.