Women's clothing maker Slimma Plc on Thursday posted a sharp fall in first half pre-tax profit to £320,000 from £852,000 in the year-ago period and warned its full year figures will also disappoint.

The company cited the £350,000 cost of reorganising its UK manufacturing base as the main reason for the profit slide as sales edged up to £16.2 million from £15.6m in the six month period of the year prior.