Second-quarter profits rose for mirror supplier Gentex Corp. as a result of improved light-vehicle production and fewer supply chain disruptions.
The Zeeland, Mich., company said in a call with investors Friday that net income climbed 51 percent to $109.2 million. The surge is partially magnified by the decrease in profits Gentex experienced in the second quarter of 2022 as a result of component shortages.
“Last year, when we started launching with customers like Hyundai, there was a direction and a