Portman reports $35.5m unaudited net profit

Perth company Portman Ltd reoported a record second quarter 2006 unaudited net profit of $35.5 million, versus net profit before transaction costs of $24.1 million in 2005.

Net profit for the first half in 2006 was also a record $52.3 million, versus net profit before transaction costs of $45.3 million from the previous year.