January 19, 2007 / 12:56 PM / 12 years ago

Accuride earnings fall on depreciation costs

NEW YORK, Nov 2 (Reuters) - Auto parts maker Accuride Corp. ACW.N on Thursday said third-quarter earnings fell as it accounted for more depreciation costs at its light steel wheel assets.

Net income declined to $12.4 million, or 36 cents per share, from $19.1 million, or 55 cents per share, a year earlier. Sales increased 8 percent to $341.6 million from $316.1 million.

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