Gentex's first quarter revenue and net profit both increased

2024-12-20 14:20
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As sales of high-tech rearview mirrors and other advanced products increased faster than the market average, Gentex's net sales in the first quarter were $590.2 million, up 7% year-on-year; net profit increased 11% year-on-year to $108 million; gross profit margin increased from 31.7% in the same period last year to 34.3%.