April 25, 2018 / 8:24 PM / in 3 months

Mexico's Gruma first quarter net profit unchanged

MEXICO CITY, April 25 (Reuters) - Mexican corn miller and tortilla maker Gruma on Wednesday posted first quarter net profit of 1.28 billion pesos ($70.1 million), virtually unchanged from the same period a year earlier.

Revenue slipped slightly to 17.53 billion pesos, from 17.68 billion pesos a year ago due to the appreciation of the peso, said the company.

$1 = 18.303 at end of March Reporting by Anthony Esposito

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