
Jerash posts record $166.3 million annual revenue
- Jerash Holdings (NASDAQ:JRSH) generated a record $166.3 million in full-year revenue, driven by a 46.6% jump in fourth-quarter sales to $42.9 million.
- The company reported full-year net income of $3.6 million, declared a $0.05 quarterly dividend, and secured $20 million in undrawn credit facilities.
- Management stated it expects first-quarter fiscal 2027 revenue growth of 20% to 22%, supported by a new manufacturing building and production capacity booked through December 2026.
Jerash Holdings (NASDAQ:JRSH) reported record full-year fiscal 2026 revenue of $166.3 million following a 46.6% surge in fourth-quarter sales.
The $42.9 million fourth-quarter revenue generated $1.7 million in net income, reversing the loss reported during the same period last year.
Operations expanded through a new manufacturing building, and the company secured $20 million in undrawn credit facilities.
During the period under review, Jerash issued a $0.05 quarterly dividend after the business achieved a total full-year net income of $3.6 million.
Management stated it expects 20% to 22% first-quarter revenue growth, and following the announcement, Jerash's share price was unchanged at $3.60.
The manufacturer stated its production plants are fully booked with apparel orders through December 2026.