Nutrastar International, Inc. (NUIN) Grows Bottom Line, Meets Expectations for Q2, FH13
Nutrastar, a China-based producer and supplier of premium branded consumer products, reports that it met earnings expectations in the second quarter and six months ended June 30, 2013, and reaffirmed its guidance for full-year 2013. NUIN announced earnings of $5.96 million, or $0.37 per share, an increase of 21.7% compared to $4.90 million, or $0.35 per share, reported for the comparable year ago period. Second-quarter revenues of $11.87 million represent an increase of 18.3% compared to $10.04 million for the comparable quarter of 2012. Gross profit increased 20.9% to $9.14 million, up from $7.56 million in the comparable 2012 quarter.…