Sunday, September 9, 2007

Deswell Industries, Inc.

Industry: Manufacturing

Main business locations: Asia

Registered Office:
H.W.R. Services Limited
P. O. Box 71,
Craigmuir Chambers, Road Town,
Tortola, British Virgin Islands

Incorporation year: 1987

Listed on: NASDAQ
Ticker: DSWL

Financial highlights:
Total Assets: (2006) USD 130,670,000
Shareholder’s equity: (2006) USD 106,768,000
Net Sales: (2006) USD 115,276,000
Income before taxation: (2006) USD 9,992,000

Auditors: BDO MaCabe Lo Limited

Bank: The Hongkong and Shanghai Banking Corporation Limited

SEC Counsel: Kirkpatrick & Lockhart Nicholson Graham LLP

About the BVI company:

Deswell Industries, Inc. is an independent contract manufacturer of injection-molded plastic parts and components, electronic products, components and subassemblies; supplier of metallic molds for the company's plastics and electronics operations, manufacturer of metal parts for original equipment manufacturers and contract manufacturers.

Deswell has its registered office in BVI, but its executive office is located in Hong Kong. Company conducts all kinds of its manufacturing activities at separate plastics, electronics and metallics operation factories located in the Shenzhen Special Economic Zone in China.

The company sells its products to customers in Asia (China, Hong Kong, Japan), the United States and Europe (Germany, Italy).

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