JRSH News and Press, Jerash Holdings Inc. From 01/18/23

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Summary Jerash Holdings' Q2 FY23 revenues slumped by 17.3% while the gross profit margin shrank to 18.3% from 22.1% a year earlier. The net income halved as the Jerash is feeling the effects of the pressure of high inflation, and interest rates on apparel retail sales in the USA. Th...

Jerash Holdings (US), Inc. (JRSH) Q2 2023 Earnings Conference Call November 10, 2022 09:00 ET Company Participants Roger Pondel - Investor Relations Sam Choi - Chairman and Chief Executive Officer Gilbert Lee - Chief Financial Officer Eric Tang - Chief Operat...

Jerash Holdings press release ( NASDAQ: JRSH ): Q2 GAAP EPS of $0.14. Revenue of $37.8M fell 17.3% year-over-year, primarily due to lower sales to its two major customers and higher inflation and inventory levels reported in the U.S. "General market conditions thr...

Performance Impacted by Slowing Economy and Postponement of Shipments Requested by Customers Company Announces New Joint Venture and Makes Progress with Initiative to Expand Base of Global Customers FAIRFIELD, NJ / ACCESSWIRE / November 10, 2022 / Jerash Holdings (US), Inc. ("Jeras...

FAIRFIELD, NJ / ACCESSWIRE / November 1, 2022 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced it will release its financial results for fiscal 2023 s...

Summary The company’s Q1 FY23 revenues rose by 12% to $31.4 million, and the gross margin stood at 19.8%. However, major customers are placing smaller orders, and this means that the product mix has to shift to lower-margin items. Jerash is bracing for flat sales growth...

FAIRFIELD, NJ / ACCESSWIRE / September 16, 2022 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced the results of its annual meeting of stockholders, held on September 15, 2022. I...