Sales down, profit measures up for Ingredion

First half financial results prove rocky for Ingredion.

Food and beverage ingredients firm Ingredion Inc. saw gross profits of $446 million in the second quarter, up 1% over the same period in 2023; the measure totaled $863 million for the first six months of the year, down 7% vis-à-vis the first half of 2023, according to a news release.

Net income was $150 million for the second quarter, down 9% year-over-year,…