Jerash Holdings reports Q4 EPS (1c) vs. (25c) last year

Reports Q4 revenue $29.3M vs. $21.6M last year, “We are experiencing growing demand from our existing customers and a notable increase in new inquiries from brands and large apparel manufacturers seeking strategic collaboration,” said Sam Choi, CEO. “As recently announced, Jerash secured a major initial order for one of the largest U.S.-based multinational and omnichannel retail corporations through a strategic collaboration with Hansoll Textile, a leading South Korea-based global apparel group. While this is an exciting time for Jerash on the business front, revenue continues to be impacted by logistics challenges at Israel’s Haifa port, stemming from ongoing geopolitical turmoil in the region. In view of the recent bombing of the Haifa port, we are seeking alternate shipping routes through the Aqaba port in Jordan, which may delay shipments in the second half of June. Nevertheless, our business remain solid and on a growth trajectory. As we enter fiscal 2026, we are focused on improving operations and maintaining the positive momentum. On a positive note, the expansion of our existing manufacturing facilities has been completed, and we are in the process of bringing in additional foreign workers. A 15 percent increase in production capacity is expected to begin contributing to the Company’s performance in the second fiscal quarter of 2026. At the present, our factories are fully booked through the end of December 2025.”