USA: Delphi boosts Q1 net profit 349%
Delphi Corporation on Wednesday reported first quarter 2003 net profit of $US127 million (under GAAP accounting principles), compared to Q1 2002 pro forma net income of $123 million and a GAAP net loss of $51 million. Q1 revenues of $7.2 billion were up 7.4% from $6.7 billion for the same period in 2002.
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