Jerash Holdings FY27 Q1 net income more than doubled to $1.7 million; revenue rises 26.7% to $50.2 million

Reuters2026/08/10 12:01

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Jerash Holdings fiscal Q1 revenue rose 26.7% to USD 50.2 million; operating income more than doubled to USD 2.6 million.
Net income attributable to shareholders advanced more than fivefold to USD 1.68 million; diluted EPS climbed to USD 0.13.
Gross margin widened 1 percentage point to 16.4%.
CEO Sam Choi cited higher shipments to two major U.S. customers, automation efficiency gains, duty-free U.S. access for Jordanian exports.
Sees fiscal Q2 revenue of about USD 49 million-USD 51 million; targets gross margin of about 14%-15% on higher transportation costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jerash Holdings (US) Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608100800ACCESSWRNAPR_____1205032) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Jerash Holdings FY27 Q1 net income more than doubled to $1.7 million; revenue rises 26.7% to $50.2 million

You may also like

Crypto prices