Jan 30 Canadian contract electronics
manufacturer Celestica Inc's fourth-quarter
profit jumped three-fold from a year earlier, when the company
had a large impairment charge related to an acquisition in the
Net income soared to $22.1 million, or 12 cents per share,
in the fourth quarter ended Dec. 31, from $7.2 million, or 4
cents per share, a year earlier.
Revenue fell 4 percent to $1.44 billion, mainly due to a
drop in sales of servers.
The Toronto-based company makes servers and other products
for companies such as IBM and Cisco Systems Inc