Auto parts maker Magna's profit boosted by North American sales
Nov 5 (Reuters) - Canadian auto parts maker and contract manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings, boosted by strong demand in North America.
Net income attributable to Magna rose to $470 million, or $2.19 per share, in the quarter ended Sept. 30 from $319 million, or $1.39 per share, a year earlier.
Sales rose 5.8 percent to $8.82 billion. (Reporting By Allison Martell and Kanika Sikka; Editing by Savio D'Souza)
© Thomson Reuters 2017 All rights reserved.