MEXICO: Gruma sees 2003 sales of $2bn, boosted by US unit
Mexican corn flour and tortilla maker Gruma has said it expects to achieve sales of US$2bn this year, compared to $1.85bn in 2002. Juan Antonio Quiroga, Gruma's corporate director, told Reuters that the group's full-year operating profit is expected to be around 1.7bn pesos (US$154.8m), compared to 1.49bn pesos in 2002.
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