TRW Automotive posts quarterly profit

Newswire

CHICAGO, July 27 (Reuters) - TRW Automotive Holdings Corp. , the sixth-largest U.S. auto parts maker, on Tuesday posted a quarterly profit, reversing a year-ago loss, on higher sales of automotive safety products. TRW, which went public in February, said second-quarter net income was $75 million, or 74 cents a share, compared with a net loss of $20 million, or 23 cents a share, the year before.

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