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Company Overview
Jerash Holdings (US) Inc manufactures and exports custom and ready-made sportswear and outerwear using high-quality knitted fabric. Specializing in apparel such as jackets, polo shirts, t-shirts, pants, and shorts, the company caters to a diversified client base including well-known brand-name retailers in the United States, Jordan, and international markets. With deep roots in the textile and apparel manufacturing industry, Jerash exemplifies expertise in custom apparel manufacturing and sportswear production.
Manufacturing and Operational Excellence
Operating production facilities from Jordan and managing a comprehensive supply chain network, the company has honed processes that ensure precise manufacturing and timely export delivery. The production facilities are strategically organized to handle both customized orders and ready-made batches, enabling the firm to maintain a high level of quality assurance while meeting the distinct demands of various global brands.
Product Portfolio
Jerash Holdings offers an extensive range of products including:
Jackets and outerwear designed for both functional performance and style
Polo shirts and crew neck shirts produced with a focus on durability and comfort
T-shirts, pants, and shorts made from knitted fabrics that ensure flexibility and a modern look
This diverse product mix allows the company to address seasonal trends and long-standing demand across multiple market segments.
Market Position and Clientele
The company maintains robust relationships with top-tier, globally recognized retailers and brand-name partners. By manufacturing for major retailers and engaging with notable brands, the company reinforces its reputation for precision, reliability, and consistent quality. This strategic client base has enabled Jerash to secure a significant presence in the US market and extend its reach into international territories.
Competitive Landscape
Jerash Holdings competes in the textile and apparel sector by leveraging advanced manufacturing techniques and a keen understanding of supply chain dynamics. Its competitive advantage stems from the ability to adapt production capacity, manage logistical challenges effectively, and continuously meet the high standards demanded by international brands. This positions the company as a reliable partner in the often volatile environment of global apparel manufacturing.
Industry Expertise and Quality Standards
With a focus on quality control and customization, Jerash integrates modern textile manufacturing practices with traditional craftsmanship. The company’s emphasis on innovation and quality allows it to navigate the complexities of production planning, operational scaling, and international regulatory compliance. By upholding rigorous quality standards, Jerash builds long-term trust with its clientele and partners.
Operational Strategies and Supply Chain Management
Recognizing the challenges posed by global logistics and supply chain fluctuations, the company has developed resilient operational strategies. These include diversified sourcing approaches, contingency planning, and agile production scheduling that help mitigate risks associated with international shipping delays or raw material shortages. Such strategic measures contribute to its operational continuity and ability to meet large-volume orders reliably.
Conclusion
Jerash Holdings (US) Inc continues to solidify its role as a pivotal player in the custom sportswear and outerwear manufacturing industry. Through comprehensive production capabilities, strong client relationships, and a commitment to quality, the company efficiently serves a wide spectrum of market segments while reinforcing its competitive edge in a dynamic industry landscape.
Jerash Holdings (NASDAQ:JRSH) announced it will release its fiscal 2022 first-quarter financial results on August 11, 2021, before market open. The results will cover the period ending on June 30, 2021. An investor conference call will be held the same day at 9:00 a.m. ET, with a domestic dial-in number of 877-407-9210. The company produces custom and ready-made sports and outerwear for major brands, employing around 4,500 people and having an annual production capacity of 12 million pieces.
Jerash Holdings (NASDAQ:JRSH) is set to exceed its goal of hiring 500 workers at its Al-Hasa facility by year-end 2021, focusing primarily on women and Syrian refugees. This initiative, in collaboration with Jordan's Ministry of Labor, aims to reduce unemployment in remote areas with rates up to 70%. The Jordanian government supports this effort by covering employee wages and providing rent-free facility use until December 2022. Currently, over 300 employees work at the facility, which also offers free healthcare and childcare services.
Jerash Holdings (Nasdaq:JRSH) will have its CFO, Gilbert Lee, present at the D.A. Davidson Bison Select Conference on August 4, 2021, at 11 a.m. ET. The presentation will be accessible live through their website, and it will also be archived for later viewing. Jerash Holdings specializes in manufacturing custom, ready-made sports and outerwear for major brands including Walmart and New Balance. The company operates four factories and employs about 4,500 people, with an annual production capacity of approximately 12 million pieces.
Jerash Holdings (NASDAQ:JRSH) announced the acquisition of a 71,000 square-foot apparel manufacturing facility in Amman, Jordan, for $2.7 million. This acquisition, part of a previously announced deal for MK Garments' manufacturing factory, is expected to close by November 2021. The CEO, Sam Choi, stated that the acquisition will reduce operational costs and enhance production capacity by 20%, as orders for the new facility have already been received. The acquisition will also provide flexibility for future business expansion.
Jerash Holdings (NASDAQ: JRSH) has announced a definitive agreement to acquire MK Garments MFG Co. in Jordan for approximately $2.8 million. This acquisition involves a 71,000 square-foot manufacturing facility that will enhance Jerash's production capacity by 20%, allowing for an additional 2.5 to 3.5 million garments annually. The transaction is expected to close in August 2021, with production commencing shortly after. The CEO stated that existing factories are booked through January 2022, indicating strong demand and growth prospects.
Jerash Holdings (NASDAQ:JRSH) reported strong financial results for the fourth quarter and fiscal year ending March 31, 2021. The fourth quarter revenue surged by 65% to $23.8 million, with gross profit increasing 271% to $4.7 million. Net income for the quarter was $680,000, reversing a loss from the previous year. For the full fiscal year, revenue decreased by 3% to $90.2 million, while net income dropped to $4.1 million from $6.5 million. The company expects fiscal 2022 revenue to reach between $100 million and $102 million, indicating a positive outlook with robust order momentum.
Jerash Holdings (JRSH) will announce its financial results for the fiscal year ending March 31, 2021, before the market opens on June 22, 2021. An investor conference call is scheduled for the same day at 9:00 a.m. ET, with dial-in options available for both domestic and international callers. The company specializes in manufacturing and exporting custom sports and outerwear for top global brands, employing around 4,400 people and maintaining production capacity of approximately 12 million pieces annually.
Jerash Holdings (US), Inc. (NASDAQ:JRSH) has announced a quarterly dividend of $0.05 per share, payable on June 2, 2021 to stockholders of record by May 25, 2021. The company specializes in manufacturing and exporting custom sports and outerwear for major brands like Walmart and New Balance. With production facilities that have a capacity of approximately 12 million pieces annually and a workforce of around 4,200 employees, Jerash aims to support its shareholders while expanding its operations.
Jerash Holdings (NASDAQ:JRSH) announced that CFO Gilbert Lee will present at the Sidoti Microcap Virtual Investor Conference on May 20, 2021, at 10:45 a.m. ET. The presentation will be available live online and archived on Jerash's website. The company specializes in manufacturing and exporting custom outerwear and sports apparel for prominent brands such as Walmart, Costco, and New Balance. Jerash operates several facilities with an annual capacity of approximately 12 million pieces and employs around 4,200 people.
Jerash Holdings (NASDAQ:JRSH) announced the construction of a new 189,000 square-foot housing facility in Jordan, aimed at accommodating its expanding multi-national workforce. This $8.2 million investment will replace an existing leased complex, resulting in annual savings of nearly $1 million in rent and utility costs. The project, anticipated to be completed by mid-2022, aligns with the company's growth strategy and environmental concerns, featuring solar panels and recycled water systems. Additionally, plans for a fifth manufacturing plant are underway on a nearby site.
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