Jerash Holdings FY27 Q1 net income more than doubled to $1.7 million; revenue rises 26.7% to $50.2 million
JRSH•Fiscal Q1 results
Jerash Holdings fiscal Q1 revenue rose 26.7% to $50.2 million; operating income more than doubled to $2.6 million.
Net income attributable to shareholders advanced more than fivefold to $1.68 million; diluted EPS climbed to $0.13.
Gross margin widened 1 percentage point to 16.4%.
Management commentary and outlook
CEO Sam Choi cited higher shipments to two major U.S. customers, automation efficiency gains, and duty-free U.S. access for Jordanian exports.
The company sees fiscal Q2 revenue of about $49 million to $51 million and targets gross margin of about 14% to 15% on higher transportation costs.
