Jerash Holdings (US) Inc (NAS:JRSH)
$ 5.48 -0.020 (-0.36%) Market Cap: 69.60 Mil Enterprise Value: 66.29 Mil PE Ratio: 14.42 PB Ratio: 1.05 GF Score: 82/100

Q2 2025 Jerash Holdings (US) Inc Earnings Call Transcript

Nov 12, 2024 / 02:00 PM GMT
Release Date Price: $3.34 (+11.33%)

Key Points

Positve
  • Revenue for the first quarter of fiscal 2025 increased nearly 18% over last year's first quarter, reaching an all-time high.
  • Jerash Holdings (US) Inc (JRSH) has continued to receive an increasing number of purchase orders for export shipments to global customers in the US and Europe.
  • The company is diversifying its customer base, which is paying off with additional trial orders from major brands.
  • Manufacturing facilities are operating at full capacity with orders fully booked well into December 2024.
  • Jerash Holdings (US) Inc (JRSH) expects revenue for the second quarter to increase by 11 to 13% from the prior year quarter and full year 2025 revenue to grow by 20 to 25%.
Negative
  • Gross margin decreased to 11.3% from 16.0% in the same period last year due to higher raw material import costs and additional manufacturing costs.
  • Operating loss totaled $829,000 in the fiscal 2025 first quarter versus operating income of $1.1 million in the same period last year.
  • Net loss was $1.4 million or 11 cents per share in the fiscal 2025 first quarter compared with net income of $495,000 or 4 cents per share in the same period last year.
  • Supply chain disruptions affected the ability to receive adequate supply of materials, leading to delayed production and increased costs.
  • Interest expenses increased due to the supply chain financing program, reflecting higher costs associated with maintaining cash flow.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

JRSH.OQ - Jerash Holdings (US) Inc
Q2 2025 Jerash Holdings (US) Inc Earnings Call
Nov 12, 2024 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Your holdings. You may begin.

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Unidentified_2 [2]
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Thank you, Holly and good morning, everyone. Welcome to Jerash Holdings fiscal '25 1st quarter and full year conference call. I'm Roger Pondel with Pondelwilkinson Jerash Holdings Investor Relations Firm. It will be my pleasure momentarily to introduce the company's Chairman and Chief Executive Officer SAM Choi, its Chief Financial Officer Gilbert lee and Eric Tang who leads the company's operations in Jordan.

Before I turn the call over to SAM, I want to remind our listeners that today
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