The Gaza Post|The News of Palestine-Ottawa
Canadian auto parts maker Magna International Inc posted a 14.3 percent rise in first-quarter profit on Thursday, helped by higher demand for mirrors and electronic components.
Net income attributable to the company rose to $660 million, or $1.83 per share, for the three months ended March 31 from $577 million, or $1.51 per share, a year earlier. nGNX8C81gz]
The Aurora, Ontario-based company’s sales rose to $10.79 billion from $8.90 billion.