Linamar Posts Loss In Q309

News: Canadian auto-parts supplier Linamar has posted a loss of CAD500,000 (US$470,000) or CAD0.01 (US$0.0094) per share in Q309, compared with a net income of CAD12mn (US$11.28mn) or CAD0.12 (US$0.11) per share in Q308. The supplier has stated that it has managed to post earnings of CAD1.1mn (US$1.03mn) or CAD0.02 (US$0.18) per share in the quarter, after stripping out unusual items related to restructuring, capital asset impairments due to market conditions, and other writedowns.

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