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Spur Tree Spices posts $21 million in net profits for Q2

 
Spur Tree Spices generated net profits of $21 million on revenue of $347 million during the second quarter of this year.
 
This is 5.5% and 11% higher than during the same period for the previous year. 
 
Its net profits, however, fell by 15% to $45 million on a 6% drop in its revenues to $683 million during the first six months of this year.
 
The company says it is preparing to launch a game-changing line of products later this year, in order to grab more export market share in the US, Canada, the United Kingdom, the Cayman Islands, Costa Rica and Panama. 


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