Jerash Q4 net loss $3.1M ($0.25/sh); revenue down 9.3% due to Red Sea delays

Jerash Holdings (US), Inc.

Q4 revenue $21.6M, down from $23.8M; gross margin fell to 7.0% from 10.3% due to higher freight costs.
Net loss of $3.1M ($0.25 per share) vs. loss of $2.0M ($0.16) in prior-year quarter.
Full-year revenue $117.2M (down from $138.1M); net loss $2.0M vs. net income of $2.4M in FY2023.
FY2025 Q1 revenue expected to rise 14-15% YoY; full-year revenue +15-18%; gross margin target 13-15%.
Regular quarterly dividend of $0.05/sh declared May 21, paid June 7, 2024.

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