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VANCOUVER -- Pacific Insight Electronics reported fiscal fourth quarter sales jumped 75% to C$27.3 million, driven by new LED lighting products and systems and electronic modules launched on various automotive platforms as well as favorable exchange impacts.

For the three months ended June 30, the EMS provider reported net income pf C$1.7 million, up from C$300,000 in the prior year period.

Revenues for the year were C$82.5 million ($62.3 million), up 39% from 2014, while net income was up C$500,000 to C$2.4 million.

 

1 CAD = 0.754554 USD

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