USA: Body Armour Maker’s Profit Shoots Up 365 Per Cent
Body armour and sports apparel manufacturer, DHB Industries Inc, on Friday posted a 365 per cent year-on-year surge in first quarter net profit to $4.7 million thanks to record sales.
The New York-based company, which makes bullet-proof jackets and athletic supports and braces, said total revenues increased 67 per cent to $33.6m from 2001 due to strong demand across all product lines.