1st Quarter Profit Triples for Superior Industries
- Share via
Superior Industries International Inc., enjoying continued strong demand for its aluminum car wheels, said its first-quarter profit more than tripled from a year earlier on a 33% gain in sales.
The Van Nuys-based maker of automobile wheels said its net income in the quarter that ended March 31 surged to $5.61 million from $1.69 million a year earlier. Its sales climbed to $73.3 million from $55 million.
Superior said its orders have continued to increase as the auto industry “shows signs of improvement.”
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
