Digital classifieds business, the Mitula Group Ltd
(ASX:MUA), has released its half year preliminary financial report for the six months ending 30 June 2016.
Mitula says its profit for the half year increased by 160.3% to $4.7 million.
The company also says its revenue rose by 52.7% over the previous corresponding period to $13.6 million.
The company says it added 26 new vertical search sites to its network, and it now has 79 of these sites in 49 countries.
