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Oct 22 (Reuters) – Canadian contract electronics

manufacturer Celestica Inc reported a 31

percent rise in third-quarter profit as revenue from its

communications and storage business improved.

Net income rose to $57.4 million, or 31 cents per share, In

the quarter ended Sept. 30, from $43.7 million, or 21 cents per

share, a year earlier.

Revenue fell 5 pct to $1.49 billion.