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Wescast Industries Inc.

12:02 PM EST - Wescast Industries Inc. : reported third quarter net loss of $9.82 million or $0.75 per share, compared to a net loss of $2.38 million or $0.18 per share in the same quarter of last year. Sales for the quarter were $69.92 million, compared to $90.35 million in the prior year quarter. For the nine-month period, the company said its net loss was $15.02 million or $1.14 per share, compared to a net income of $1.92 million or $0.15 per share in the comparable period of last year. Sales for the period declined to $239.76 million from $295.66 million in the corresponding period of the prior year. Wescast Industries Inc. shares T.WCS.A are trading unchanged at $3.01.