the situation at the bridge has forced some customers to idle or cut production requirements magna chief executive officer swamy kotagiri said on an earnings callcanadian auto parts maker magna international inc reported a quarterly loss on friday as covid19 lockdowns in china continue to pressure global vehicle production the company posted a net loss of 156 million or 54 cents per share in the second quarter compared with a profit of 424 million or 140 per share a year earlier tech and auto firms with factories in china have faced business disruptions due to pandemicrelated lockdowns while the conflict in ukraine also pushed up energy and logistics costs advt reuters published on jul 30 2022 at 0127 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app magna q2 earnings magna international inc magna quarterly loss magna q2 financials international auto parts maker homenewsauto componentsauto parts maker magna posts quarterly loss