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Deswell Industries, Inc. - DSWL STOCK NEWS

Welcome to our dedicated news page for Deswell Industries (Ticker: DSWL), a resource for investors and traders seeking the latest updates and insights on Deswell Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Deswell Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Deswell Industries's position in the market.

Rhea-AI Summary
Deswell Industries, Inc. (DSWL) appoints Ms. Lau Wai Ming as Chairman of the Board, bringing extensive experience from PAG Consulting and Goldman Sachs. Ms. Lau's background in finance and human capital operations positions her well to lead the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
Tags
management
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Rhea-AI Summary
DSWL - Deswell Industries, Inc. Announces First Half Cash Dividend of $0.10 Per Share - MACAO <br> Deswell Industries, Inc. (Nasdaq: DSWL) reported unaudited financial results for the first six months of fiscal 2023, ended September 30, 2023. Net sales decreased by 15.1% to $37.7 million, with a 24.6% decrease in the plastic segment and a 12.9% decrease in the electronic segment. Gross margin increased to 19.5% of net sales, with a significant increase in the plastic segment to 19.6% and the electronic segment to 19.5%. Operating income rose to $2.3 million, and net income was $3.6 million, compared to a net loss of $0.6 million in the same period last year. The Company's financial position remained strong, with $17.4 million in cash and cash equivalents and no long-term or short-term borrowings. The board of directors declared a cash dividend of $0.10 per share for the first half of fiscal year 2023, payable on December 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.59%
Tags
-
Rhea-AI Summary
Deswell Industries files an Amendment to its Annual Report on Form 20-F, providing required disclosures regarding foreign jurisdictions that prevent inspections. No significant updates or modifications to the Original Filing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.23%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.19%
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none
Deswell Industries, Inc.

Nasdaq:DSWL

DSWL Rankings

DSWL Stock Data

36.81M
14.43M
71.19%
2.57%
0.02%
Electronic Computer Manufacturing
Manufacturing
Link
Macau
Macau

About DSWL

deswell industries inc (dw) is an electrical and electronic manufacturing company located in 17b edificio comercial rodrigu, 599 avenida da praia grande, macau, macau (sar), macau, macao.