Gentex’ Q1 net income up 22% y/y to USD97.6 million
Automotive segment sales rose 13% y/y, driven by a 12% increase in auto-dimming mirror unit shipments
US-based rear-view mirrors supplier Gentex Corporation reported a 22% year-on-year (y/y) rise in its first-quarter net income to USD97.6 million, thanks to rise in sales in its automotive division, the company said in a press release on 21 April.
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