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 (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.
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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