Jerash Holdings Reports Modest Revenue Growth Amid Expansion
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Jerash Holdings (JRSH) reported a 4.3% revenue growth to $42.0 million in Q2 of fiscal 2026, despite a decline in net income to $479,000. The company is focusing on expanding its manufacturing partnerships beyond Asia and anticipates a revenue increase of 19-21% in Q3. Key metrics include a gross margin of 15.0% and operating income of $1.09 million. Jerash is committed to enhancing production capacity and addressing geopolitical uncertainties while aiming to improve gross profit margins through automation and economies of scale.
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