Electronics group IDT International saw attributable profit rise 21 per cent to $82.6 million in the six months to September, due largely to improved efficiency and an increase in turnover. Turnover grew 6 per cent to $852.2 million while operating profit was up 26 per cent to $113.2 million compared with the same period last year. The firm's three divisions - electronic personal informational products/games manufacturing - known as Oregon Scientific International - liquid crystal display (LCD) manufacturing, and telephone production all reported profit growth. Oregon saw the largest growth in operating profit of 102 per cent. Managing director Barry Buttifant yesterday said: 'We will push ahead with the spin-off of Oregon on the Nasdaq, but it will depend on market sentiment. 'The US stock market has been volatile recently and investment sentiment favours Internet companies more.' He said Oregon would not create extra financial pressure on the group if the spin-off fell through. However, he said Oregon would take up most of IDT's capital investment, which was about half of the group's $50 million budget by the end of March. The group's capital expenditure would be funded completely by $155 million cash on hand, boosted by last week's $77.5 million share sale. He said IDT would also book a $73 million exceptional gain from the $38.8 million share sale by its Singapore-listed LCD arm IDT Holdings (Singapore) in the six months to next March.