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0 0 0.00619195046439629 0.00619195046439629 0.00309597523219821 0.00928792569659451 0.00928792569659451 0.00928792569659451
Stock impact report

Jerash targets 19%–21% Q3 revenue growth while expanding capacity and customer base [Seeking Alpha]

Jerash Holdings (US), Inc. (JRSH) 
Last jerash holdings (us), inc. earnings: 2/13 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Lin Choi, Chairman, CEO, President & Treasurer, stated that despite ongoing trade uncertainties, Jerash is experiencing "robust and growing demand from our long-standing customers and newly established strategic partners." Choi emphasized Jordan's position as a favored manufacturing hub due Quick Insights Capacity expansions, through new facilities and potential acquisitions, are expected to boost output by up to 25% over time and drive revenue increases, as evidenced by higher guidance for upcoming quarters and full booking through February. Gross margins are expected to remain under near-term pressure (Q3 guidance of 13%-15% vs. 15% prior), due to customer and product mix diversification, but management targets a gradual return to a 20% margin through automation and process improvements over several years. Jerash faces risks from regional geopolitical uncertainties and evolving tariff situations, which management is closely monitoring as they execute growth and expansion pl Show less Read more
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