Deswell announces second half 2023 results

Macao--(business wire)--deswell industries, inc. (nasdaq: dswl) today announced its unaudited financial results for the second half of the fiscal year ended march 31, 2023. net sales for the six months ended march 31, 2023 were $33.1 million, a decrease of 27.6% compared to net sales of $45.7 million for the six months ended march 31, 2022. net sales decreased by 42.2% to $7.5 million in the plastic segment and by 21.8% to $25.6 million in the company's electronic segment. total gross margin in.
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