secwatch.observer — SEC 8-K summary
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Issuer:     Jerash Holdings (US), Inc. (JRSH)
CIK:        0001696558
Form:       8-K
Filed at:   2022-06-23T23:59:59+00:00
Accession:  0001213900-22-034480
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jerash Holdings reports record FY2022 revenue of $143.4M (+58.9%); Q4 net loss of $0.01/share
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- Full year net income rose 90.8% to $7.9M ($0.67 EPS) from $4.1M ($0.37 EPS) in FY2021.
- Q4 revenue grew 30.1% to $30.9M but net loss of $130K ($0.01 loss) vs $681K profit a year ago.
- Q4 gross margin fell 445 bps to 15.1% due to fewer high-margin jacket orders and higher freight costs.
- FY2023 Q1 revenue guidance: $33-35M (up from $29.9M); gross margin approx. 18% including China shutdown impact.
- Cash balance $25.2M, working capital $55.7M, essentially no debt; quarterly dividend $0.05 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1696558/000121390022034480/0001213900-22-034480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1696558/000121390022034480/ea161927-8k_jerash.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-034480

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