Deswell 2H Sales $45.7M, Up 22.9% YoY
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The Board of Directors of Deswell Industries, Inc. (NASDAQ:DSWL) is saddened to announce that Mr. Richard Pui Hon Lau, the Company's chairman, passed away on June 12, 2023. The Board of Directors issued the following statement: "The Company's directors, Chief Executive Officer, Chief Financial Officer and employees are immensely saddened by the passing of Mr. Lau. Mr. Lau served the Company and its predecessors since its inception in 1987. During his 36 years at Deswell, Mr. Lau led the Company to transform and grow from a small plastic plant to a Nasdaq listed company, producing a wide variety of plastic parts and components, electronic products and subassemblies and metallic molds. The
- Company Announces First Half Cash Dividend of $0.10 Per Share - Deswell Industries, Inc. (NASDAQ:DSWL) today announced its unaudited financial results for the first six months of fiscal 2025, ended September 30, 2024. Net sales for the six months ended September 30, 2024 were $35.2 million, a decrease of 6.8% compared to net sales of $37.7 million for the six months ended September 30, 2023. Net sales decreased by 8.1% to $5.8 million in the plastic segment and by 6.5% to $29.4 million in the Company's electronic segment. Total gross margin was 19.5% of net sales during the six months ended September 30, 2024, consistent with the corresponding period of last year. Gross margin in th
Deswell Industries, Inc. (NASDAQ:DSWL) today announced that the Company has filed its Annual Report on Form 20-F, which includes its audited financial statements for its fiscal year ended March 31, 2024, with the United States Securities and Exchange Commission ("SEC"). The Company's Annual Report is available on the SEC's website at http://www.sec.gov. The Company will deliver a paper copy of its fiscal 2024 Annual Report on Form 20-F, including its complete audited financial statements, free of charge, to any shareholder within a reasonable time after request. To obtain a paper copy of Deswell's fiscal 2024 Annual Report on Form 20-F, written request should be made to Deswell Industries
- Company Announces Second Half Cash Dividend of 0.10 Per Share - Deswell Industries, Inc. (NASDAQ:DSWL) today announced its unaudited financial results for the second half of the fiscal year ended March 31, 2024. Net sales for the six months ended March 31, 2024 were $31.6 million, a decrease of 4.4% compared to net sales of $33.1 million for the six months ended March 31, 2023. Net sales decreased by 18.4% to $6.1 million in the plastic segment and by less than one percent to $25.5 million in the Company's electronic segment. Total gross margin increased to 20.7% during the six months ended March 31, 2024, as compared to 17.3% in the same period last year. For the plastic segment, g
- Company Announces First Half Cash Dividend of $0.10 Per Share - Deswell Industries, Inc. (NASDAQ:DSWL) today announced its unaudited financial results for the first six months of fiscal 2025, ended September 30, 2024. Net sales for the six months ended September 30, 2024 were $35.2 million, a decrease of 6.8% compared to net sales of $37.7 million for the six months ended September 30, 2023. Net sales decreased by 8.1% to $5.8 million in the plastic segment and by 6.5% to $29.4 million in the Company's electronic segment. Total gross margin was 19.5% of net sales during the six months ended September 30, 2024, consistent with the corresponding period of last year. Gross margin in th
- Company Announces Second Half Cash Dividend of 0.10 Per Share - Deswell Industries, Inc. (NASDAQ:DSWL) today announced its unaudited financial results for the second half of the fiscal year ended March 31, 2024. Net sales for the six months ended March 31, 2024 were $31.6 million, a decrease of 4.4% compared to net sales of $33.1 million for the six months ended March 31, 2023. Net sales decreased by 18.4% to $6.1 million in the plastic segment and by less than one percent to $25.5 million in the Company's electronic segment. Total gross margin increased to 20.7% during the six months ended March 31, 2024, as compared to 17.3% in the same period last year. For the plastic segment, g
- Company Announces First Half Cash Dividend of $0.10 Per Share - Deswell Industries, Inc. (NASDAQ:DSWL) today announced its unaudited financial results for the first six months of fiscal 2023, ended September 30, 2023. Net sales for the six months ended September 30, 2023 were $37.7 million, a decrease of 15.1% compared to net sales of $44.4 million for the six months ended September 30, 2022. Net sales decreased by 24.6% to $6.3 million in the plastic segment and by 12.9% to $31.4 million in the Company's electronic segment. Total gross margin increased to 19.5% of net sales during the six months ended September 30, 2023, as compared to 16.0% of net sales in the same period last yea
SC 13D/A - DESWELL INDUSTRIES INC (0000946936) (Subject)
SC 13D/A - DESWELL INDUSTRIES INC (0000946936) (Subject)
SC 13D - DESWELL INDUSTRIES INC (0000946936) (Subject)
6-K - DESWELL INDUSTRIES INC (0000946936) (Filer)
6-K - DESWELL INDUSTRIES INC (0000946936) (Filer)
6-K - DESWELL INDUSTRIES INC (0000946936) (Filer)
Deswell Industries, Inc. (NASDAQ:DSWL) is pleased to announce that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024. Ms. Lau was elected to the Board of Directors by the Company’s shareholders at the 2023 Annual Meeting of Shareholders on February 6, 2024.
Deswell Industries, Inc. (NASDAQ:DSWL) today announced its unaudited financial results for the first six months of fiscal 2023, ended September 30, 2023.Net sales for the six months ended September 30, 2023 were $37.7 million, a decrease of 15.1% compared to net sales of $44.4 million for the six months ended September 30, 2022. Net sales decreased by 24.6% to $6.3 million in the plastic segment and by 12.9% to $31.4 million in the Company's electronic segment.Total gross margin increased to 19.5% of net sales during the six months ended September 30, 2023, as compared to 16.0% of net sales in the same period last year. Gross profit margin in the plastic segment increased to 19.6% of net sal