Decoma posts 4th quarter loss on writedowns

Newswire

(In U.S. dollars unless noted) TORONTO, Feb 25 (Reuters) - Auto-parts supplier Decoma International Inc. reported a fourth-quarter loss on Wednesday as the company decided to write down certain assets. Decoma, which makes exterior car parts, said it had a fourth-quarter loss of $3.8 million, or 6 cents a share, for the period ended Dec. 31. That compares with a profit of $23.1 million, or 25 cents a share, a year earlier.

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