Amino Technologies sees first half profit hike

Cambridge-based digital entertainment solutions provider Amino Technologies said it expects to deliver half year profit significantly ahead of last year.It said revenue remains in line with the previous year and the cash balance rose to £18.2m from £13.9m the year before.Amino added that it continues to perform in line with expectations and expects to deliver a profit significantly ahead of the last year's £0.2m. "This results from the phasing and mix of H1 trading compared to the prior year and continued strong margins, together with the added benefit of previously announced duties rebates of £1.7m," it explained.The company will announce its interim results on Monday July 15th 2013.Shares of the group rose 0.9% to 83.00p.CJ