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 (JRSH) delivers timely updates on its role as a leading manufacturer of sportswear and outerwear for global retailers. This news hub provides investors and industry professionals with centralized access to official announcements, strategic developments, and operational milestones.
Track JRSH's latest earnings reports, partnership agreements, and production innovations through verified press releases and market analyses. Our curated collection ensures transparent access to critical information affecting the company's position in the competitive apparel manufacturing sector.
Key updates include product line expansions, supply chain enhancements, and regulatory filings. Users will find comprehensive coverage of operational achievements and corporate governance matters relevant to long-term performance evaluation.
Bookmark this page for streamlined monitoring of Jerash Holdings' business trajectory and sector-specific developments. Stay informed through our organized repository of essential updates from this NYSE-listed apparel production specialist.
Jerash Holdings (US), Inc. (NASDAQ:JRSH) has announced a quarterly dividend of $0.05 per share, payable on June 2, 2021 to stockholders of record by May 25, 2021. The company specializes in manufacturing and exporting custom sports and outerwear for major brands like Walmart and New Balance. With production facilities that have a capacity of approximately 12 million pieces annually and a workforce of around 4,200 employees, Jerash aims to support its shareholders while expanding its operations.
Jerash Holdings (NASDAQ:JRSH) announced that CFO Gilbert Lee will present at the Sidoti Microcap Virtual Investor Conference on May 20, 2021, at 10:45 a.m. ET. The presentation will be available live online and archived on Jerash's website. The company specializes in manufacturing and exporting custom outerwear and sports apparel for prominent brands such as Walmart, Costco, and New Balance. Jerash operates several facilities with an annual capacity of approximately 12 million pieces and employs around 4,200 people.
Jerash Holdings (NASDAQ:JRSH) announced the construction of a new 189,000 square-foot housing facility in Jordan, aimed at accommodating its expanding multi-national workforce. This $8.2 million investment will replace an existing leased complex, resulting in annual savings of nearly $1 million in rent and utility costs. The project, anticipated to be completed by mid-2022, aligns with the company's growth strategy and environmental concerns, featuring solar panels and recycled water systems. Additionally, plans for a fifth manufacturing plant are underway on a nearby site.
Jerash Holdings (Nasdaq: JRSH) announced that CFO Gilbert Lee will attend the Q1 Virtual Investor Summit from March 23-25, 2021. The company will provide a presentation on March 24 at 3:30 PM ET, accessible on their investor relations website. Additionally, one-on-one investor meetings will be available throughout the day. The Investor Summit connects smallcap companies with investors, featuring 100 companies and over 300 institutional and retail investors.
Jerash Holdings (JRSH) reported a 38% year-over-year revenue growth for Q4 fiscal 2021, with revenue expectations exceeding $20 million. Third quarter revenue was $20.7 million, down 19% from the previous year, due to shipment delays impacted by COVID-19. The gross margin improved to 18% for Q4, from 8.7% a year ago. For fiscal 2022, Jerash projects revenues between $100-$102 million. The company is expanding production facilities and reported cash of $29.2 million as of December 31, 2020.
Jerash Holdings (NASDAQ:JRSH) announced a quarterly dividend of $0.05 per share, payable on or about February 23, 2021 to stockholders of record as of February 16, 2021. The company is a manufacturer of high-quality textile goods for brands like Walmart and New Balance, operating four factories and employing around 4,200 people. As of December 31, 2020, Jerash's annual production capacity was approximately 12 million pieces.
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.
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.
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