secwatch.observer — SEC 8-K summary
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Issuer:     Jerash Holdings (US), Inc. (JRSH)
CIK:        0001696558
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001213900-23-010487
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jerash Q3 revenue up 17% to $43M, but net income falls to $0.9M from $1.7M
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- Revenue $43.0M (+16.9% YoY); gross margin dropped to 13.5% from 18.8%.
- Net income $0.9M ($0.07 diluted EPS) vs $1.7M ($0.13) a year ago.
- Q4 FY2023 revenue guidance $26M-$28M, below $30.9M prior year.
- Quarterly dividend of $0.05/share declared; payable Feb 21, record Feb 14.
- Joint venture with Busana Apparel progressing; Timberland, Skechers orders ramping.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1696558/000121390023010487/0001213900-23-010487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1696558/000121390023010487/ea173263-8k_jerashhold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-010487

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer