Overview

* Jerash ( JRSH ) fiscal Q1 revenue declines to $39.6 mln but beats analyst expectations, per LSEG data

* Net income rises to $324,000 from a net loss of $1.4 mln last year

* Gross profit increases 31.2% to $6.1 mln, gross margin improves to 15.4%

Outlook

* Manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands expects Q2 revenue of $40 mln to $42 mln

* Company aims for Q2 gross margin of 15-16%

* Jerash ( JRSH ) anticipates added capacity to boost Q2 performance

* Company cautious about tariff changes and geopolitical instability

Result Drivers

* CUSTOMER DEMAND - Increased demand as companies seek alternatives manufacturing partners to China and Southeast Asia, per CEO Sam Choi

* LOGISTICS EFFICIENCY - Improved logistics and production planning reduced costs, aiding operating income

* CAPACITY EXPANSION - Completion of facility expansion and onboarding of additional workers to support 15% production increase

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $39.60 $38.90

Revenue mln mln (2

Analysts

)

Q1 Gross $6.10

Profit mln

Q1 $5.10

Operatin mln

g

Expenses

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)