Burswood-based wireless telecommunications company Wavenet International Ltd has recorded a half year net profit of $884,141, an increase of 307 per cent compared to a loss of $427,781 for the previous corresponding period.

Burswood-based wireless telecommunications company Wavenet International Ltd has recorded a half year net profit of $884,141, an increase of 307 per cent compared to a loss of $427,781 for the previous corresponding period.