Gruma Second Quarter Profit Falls 12% on US Weakness

Mexican food giant Gruma, the world's largest tortilla and corn-flour maker, said second-quarter majority net income fell about 12% year-on-year on weaker US demand and higher costs at Mission Foods, even as net sales rose 5% to about US$1.62 billion on international strength. The post Gruma Second Quarter Profit Falls 12% on US Weakness appeared first on The Rio Times .