---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-085561"
form_type: "8-K"
ticker: "JRSH"
cik: "0001696558"
company_name: "Jerash Holdings (US), Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:16:05.293492+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jerash Q2 FY2024 net income falls to $0.03 EPS vs $0.14 YoY; revenue down 12%

## Summary
- Revenue $33.4M vs $37.8M YoY (-11.6%); net income $369K ($0.03/diluted share) vs $1.8M ($0.14).
- Gross margin 16.1% vs 18.3% YoY; operating income $888K vs $2.6M.
- Full FY2024 revenue guidance down ~3-5%; gross margin goal 15-16%.
- Regular quarterly dividend of $0.05/share declared, payable Nov 28 to holders of record Nov 14.
- Cash $21.2M; JV with Newtech Textile expects $8-9M new orders over next 12 months from 5 committed customers.

## SEC filing metadata
- accession: 0001213900-23-085561
- form_type: 8-K
- ticker: JRSH
- cik: 0001696558
- company_name: Jerash Holdings (US), Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1696558/000121390023085561/0001213900-23-085561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1696558/000121390023085561/ea188193-8k_jerashhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-085561
- JSON: https://secwatch.observer/filing/0001213900-23-085561.json
- Plain text: https://secwatch.observer/filing/0001213900-23-085561.txt

## Key facts
- Earnings Releases
  Jerash Holdings (US), Inc. reported its fiscal year 2024 second quarter, ended September 30, 2023 results: revenue $33.4 million, net income $369,000, EPS $0.03 per diluted share.
  - Period: its fiscal year 2024 second quarter, ended September 30, 2023
  - Revenue: $33.4 million
  - Net income: $369,000
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: our longstanding commitment to sustainability and responsible growth,” Choi added. Fiscal Year 2024 Second Quarter Results Revenue for the fiscal year 2024 second quarter was $33.4 million, compared with $37.8 million in the same quarter last year. The decrease was primarily due to fewer shipments being delivered to some of the major customers in the U.S.,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1696558/000121390023085561/0001213900-23-085561-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.