MGA Berita Forex

Magna Q4 Profit Misses Estimates; Sees Growth In FY23, FY25

Magna Q4 Profit Misses Estimates; Sees Growth In FY23, FY25

Canadian auto parts maker Magna International Inc. reported Friday a sharp drop in fourth-quarter profit, below market estimates, while top line increased and beat the Wall Street view. Looking ahead, the company projects higher profit and sales for fiscal 2023, and higher sales for fiscal 2025.
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