Deswell Industries Inc. has announced its financial results for the second half and full year of fiscal 2025. For the year ended March 31, 2025, net sales were reported at $67.6 million, marking a 2.5% decrease from $69.4 million in fiscal 2024. Despite the decline in net sales, the company witnessed an increase in net income, which rose to $11.1 million from $7.7 million in the previous fiscal year. This increase in net income was attributed to higher gross profit and non-operating income. The basic and diluted net income per share for fiscal 2025 was $0.70, compared to $0.48 in fiscal 2024. In the second half of fiscal 2025, net sales increased by 2.5% to $32.4 million, compared to $31.6 million for the same period in 2024. The electronic segment saw a 5.8% increase in sales to $27.0 million, while the plastic segment experienced an 11.1% decline, totaling $5.4 million in sales. Net income for the six months ended March 31, 2025, was $5.0 million, up from $4.2 million for the same period in 2024. Non-operating income for this period was $3.3 million, compared to $2.6 million in the previous year. Deswell Industries indicated that their improved margin performance and enhanced profitability were influenced by a decrease in labor and materials costs due to the depreciation of the renminbi, adjustments to the product mix, and cost control measures. The company continues to monitor the global inflationary environment and international tariff changes closely, which have impacted sales, especially in the latter half of fiscal 2025. The company also announced a second half cash dividend of $0.10 per share.