Welcome to our dedicated page for Jerash Hldgs Us news (Ticker: JRSH), a resource for investors and traders seeking the latest updates and insights on Jerash Hldgs Us stock.
Jerash Holdings (US), Inc. (NASDAQ: JRSH) is an apparel manufacturer that, according to its public statements, manufactures and exports custom, ready-made sportswear and outerwear for leading global brands and retailers. The company’s news flow centers on its operations in Jordan, where it operates six factory units and four warehouses and employs approximately 6,000 people, as disclosed in recent press releases.
On this page, readers can follow JRSH news related to quarterly and annual financial results, including revenue trends, gross margin performance, operating income, and net income or loss as reported in earnings releases and accompanying Form 8‑K filings. Jerash’s announcements often discuss changes in customer demand, logistics conditions affecting shipments, and the impact of production planning and cost controls on its apparel manufacturing business.
Jerash also issues news about dividend declarations, with its board approving regular quarterly dividends of $0.05 per share on several occasions, as reflected in press releases and related 8‑K filings. Investors and followers can track these dividend announcements, payment dates, and record dates through the company’s news items.
Additional JRSH news includes updates on capacity expansions and strategic collaborations. The company has reported completing an expansion of its main production building to increase capacity by about 15% and has discussed collaborations with groups such as Hansoll Textile. News releases may also describe participation in investor conferences and virtual showcases, where management presents Jerash’s business to the investment community.
By monitoring this news feed, users can see how Jerash communicates developments in its sportswear and outerwear manufacturing operations, customer relationships with major global brands, logistics and supply chain adjustments, and corporate actions such as dividends and governance events like annual stockholder meetings.
Jerash Holdings (NASDAQ:JRSH) will announce its fiscal third quarter financial results for the period ending December 31, 2020, on February 10, 2021, before market opening. A conference call will follow at 9:00 a.m. ET on the same day to discuss the results. Interested callers can join by dialing +1-201-689-8049. The company, a manufacturer for major brands such as Walmart and New Balance, employs approximately 4,200 people and has an annual production capacity of 12.0 million pieces.
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Jerash Holdings (NASDAQ:JRSH) will present at the virtual Fall Investor Summit from November 16-18, 2020. This event will showcase 75 companies to over 300 investors, providing a platform for smallcap and microcap companies to connect with qualified investors.
Jerash is a leading manufacturer for notable brands such as Walmart, Costco, and New Balance, employing around 4,200 people across its production facilities with an annual capacity of approximately 12 million pieces.
Jerash Holdings (JRSH) reported strong second-quarter results for fiscal year 2021, with revenue reaching $27.1 million, a 45% increase from the previous quarter. The company improved its gross margin to 22% and achieved net income of $2.6 million, or $0.23 per diluted share. Management highlighted full booking of manufacturing capacity through summer 2021 and diversified customer base. Jerash anticipates total revenue of $85 million for fiscal 2021, reflecting recovery from COVID-19 impacts. The company declared a quarterly dividend of 5 cents per share.
Jerash Holdings (JRSH) has announced a quarterly dividend of $0.05 per share, payable on November 23, 2020, to stockholders of record by November 16, 2020. The company, known for producing textile goods for major brands like Walmart and New Balance, operates four factories and employs around 4,100 people. The dividend payment reflects the company's financial health and commitment to returning value to its shareholders, enhancing investor confidence.
Jerash Holdings (NASDAQ:JRSH) will release its fiscal second quarter financial results on November 12, 2020, before the market opens. The Company will hold a conference call at 9:00 a.m. ET on the same day to discuss the results. Interested parties can access the call by dialing +1-201-689-8049. Jerash Holdings is a significant manufacturer for well-known retailers like Walmart and Costco, operating manufacturing facilities with approximately 4,100 employees.
Jerash Holdings (NASDAQ:JRSH) announced strong factory bookings for 2021 following its annual stockholders' meeting on September 16, 2020. Stockholders elected five board members, including Samuel Choi as CEO, and ratified Friedman LLP as auditors for fiscal 2021. Choi highlighted a full production schedule at their Jordan factories, ongoing expansion with new customer brands, and initial orders for PPE products. The company maintains a debt-free balance sheet and a strong cash position, which positions it well for future growth.
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Jerash Holdings (NASDAQ:JRSH) announced its participation at the LD 500 investor conference on September 3, 2020, at 1:00 PM ET. CFO Gilbert Lee will present virtually and hold investor meetings throughout the event. Interested investors may register online and can also request one-on-one meetings via LD Micro. Jerash is known for producing textile goods for major brands like Walmart and Costco, with an annual production capacity of approximately 8 million pieces, employing around 4,100 people.
Jerash Holdings (NASDAQ:JRSH) reported its first quarter results for fiscal 2021, ending June 30, with $18.7 million in revenue, down 17% year-over-year. The company increased sales from new global brand customers and ventured into the PPE market, with initial shipments underway. GAAP net income was $0.8 million, or $0.07 per diluted share, a decline from $1.5 million or $0.14 per diluted share in the previous year. Management anticipates 34% sequential revenue growth for the second quarter, projecting approximately $25 million in revenue.