Jerash Holdings (US), Inc. Reports Earnings Results for the First Quarter Ended June 30, 2023
August 09, 2023 at 05:35 pm IST
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Jerash Holdings (US), Inc. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was USD 34.74 million compared to USD 33.44 million a year ago. Net income was USD 0.496526 million compared to USD 1.72 million a year ago.
Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.14 a year ago.
Jerash Holdings (US), Inc., through its wholly owned subsidiaries, is principally engaged in the manufacturing and exporting of customized, ready-made sportswear and outerwear from knitted fabric and personal protective equipment (PPE) produced in its facilities in the Hashemite Kingdom of Jordan (Jordan). The Company manufactures and exports custom, ready-made, sportswear and outerwear for global brands and retailers. The global brands and retailers include VF Corporation, which owns brands, such as The North Face, Timberland, and Vans; New Balance, G-III, which licenses brands, such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess; American Eagle; and Skechers. Its sportswear and outerwear product offering consists of jackets, polo shirts, t-shirts, pants, and shorts. Its primary product offerings include shorts, pants, and vests. Its PPE product offering consists of branded (washable) and disposable face masks, medical scrubs, protective coveralls, and surgical gowns.
JERASH HOLDINGS (US), INC. 