Recent Updates — JRSH
Jerash Holdings (US), Inc. reported fiscal 2027 first-quarter results ending June 30, 2026, achieving record revenue of $50.2 million, a 26.7% increase from the prior year period. Net income surged more than fivefold to $1.7 million, or $0.13 per diluted share, driven by higher shipments to major U.S. customers and improved gross margins of 16.4%. The company also announced that its board approved a regular quarterly cash dividend of $0.05 per share, payable on August 24, 2026, to shareholders of record as of August 17, 2026. Management provided second-quarter revenue guidance of approximately $49 million to $51 million and gross margin expectations of 14-15%, citing geopolitical uncertainties affecting logistics and transportation costs. Jerash Holdings manufactures and exports custom sportswear and outerwear for leading global brands.
Jerash Holdings (US), Inc. announced that its board of directors declared a regular quarterly cash dividend of $0.05 per share of common stock. The dividend is payable on or about August 24, 2026 to stockholders of record as of August 17, 2026. Jerash Holdings (US), Inc. manufactures and exports custom, ready-made sportswear and outerwear for leading global brands and retailers.
On July 16, 2026, Chairman of the Board Choi Lin Hung informed the Board he will not stand for re-election at the 2026 annual meeting, though he will remain CEO, President, and Treasurer. On July 17, 2026, the Board nominated Ng Tsze Lun, the company's Head of Marketing, for election as a director and to serve as Chairman effective immediately following the annual meeting. This transition separates the Chairman and CEO roles to enhance corporate governance. The company operates in the apparel industry, manufacturing and exporting custom ready-made sportswear and outerwear for global brands.
On June 15, 2026, Jerash Holdings (US), Inc. announced its financial results for the fourth quarter and full fiscal year ended March 31, 2026. The company operates in the food industry, specializing in the production and distribution of food products.