Kimball Electronics reports record annual net sales

From Local Sources

JASPER — Kimball Electronics Inc. has announced financial results for its fourth quarter and fiscal year that ended June 30.

The company reported a quarterly record of consolidated net sales — $318,621,000 — an increase of 15% compared to the fourth quarter of fiscal year 2018.

The company also reported that net sales increased by 10% in fiscal year 2019, compared to fiscal year 2018, setting a new annual net sales record of $1.18 billion.

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