Gentex reports Q1 2022 net sales at USD468.25 million, down 3.19% y/y

News
Financial results

Decline in sales was mainly due to ongoing global supply chain disruptions and shortage of components

Gentex has reported first quarter net sales at USD468.25 million with a year-on-year (y/y) reduction of 3.19% compared to USD483.72 million in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 22 April.

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