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Auto parts maker Magna posts profit as demand returns

Aug 6 (Reuters) - Magna International Inc on Friday posted a second-quarter profit compared with a loss a year ago, as strong demand for new vehicles boosted sales at the Canadian auto parts maker.

Net income attributable to Magna was $424 million, or $1.40 per share, in the quarter ended June 30, from a loss of $647 million, or $2.17 per share, a year earlier. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Saumyadeb Chakrabarty)

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