UPDATE 1-Wescast loss narrows as trims costs

Newswire

(Adds details) TORONTO, Oct 31 (Reuters) - Wescast Industries Inc. reported a narrower third-quarter loss on Tuesday as the maker of exhaust manifolds benefited from lower expenses, even as sales fell. The company said it lost C$1.4 million ($1.3 million), or 11 Canadian cents a share, compared with a loss of C$3.2 million, or 23 Canadian cents a share, in the year-before period. Revenue fell 3.2 percent to C$84.8 million from C$87.6 million, as North American sales were hurt by ...

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