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0 -3.42454025547793E-05 -3.42454025547793E-05 0.003390294852916 -3.42454025547793E-05 0.0272250950309921 0.0272250950309921 0.0170884558747988
Stock impact report

Jerash Holdings Reports Financial Results for Fiscal 2024 Fourth Quarter and Full Year [Yahoo! Finance]

Jerash Holdings (US), Inc. (JRSH) 
Last jerash holdings (us), inc. earnings: 2/13 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
FAIRFIELD, NJ / ACCESSWIRE / June 27, 2024 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced financial results for its fiscal 2024 fourth quarter and full year, ended March 31, 2024. "Continuing attacks on ships in the Red Sea, where approximately 12 percent of the world's trade passes, again caused supply chain disruptions throughout the region," said Sam Choi, Jerash's chairman and chief executive officer. "Shipments of raw materials to Jerash were delayed, which impacted the Company's production for its global customers and, in turn, Jerash's financial performance for the fiscal fourth quarter and full year. Certain orders that could not be completed during the fourth quarter were shipped in the fiscal 2025 first quarter. "Gross margin was substantially down for the fiscal fourth quarter due to significantly higher ocean freight and trans Show less Read more
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