Deswell Industries, Inc. announced that on January 8, 2015 its board of directors declared a cash dividend of $0.05 per share for the fiscal second quarter ended September 30, 2014. The dividends will be payable on January 30, 2015 to shareholders of record as of January 22, 2015.

The company reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales of $10,193,000 against $11,869,000 a year ago. Operating loss was $1,873,000 against $1,519,000 a year ago. Loss before income taxes was $1,642,000 against $1,152,000 a year ago. Net loss attributable to the company was $1,702,000 or $0.106 per share basic and diluted against $1,228,000 or $0.076 per share basic and diluted a year ago.

For the six months, the company reported net sales of $19,117,000 against $22,989,000 a year ago. Operating loss was $2,686,000 against $2,911,000 a year ago. Loss before income taxes was $1,567,000 against $2,794,000 a year ago. Net loss attributable to the company was $1,688,000 or $0.105 per share basic and diluted against $2,948,000 or $0.181 per share basic and diluted a year ago.