Jerash Q1 net income $324K vs loss, gross margin 15.4%; guides Q2 rev $40-42M

Jerash Holdings (US), Inc.

2026-Q1 EPS reported $0.03 revenue$39,629,308

Operating income of $959K vs loss of $829K in prior-year quarter; net income of $324K ($0.03 diluted EPS) vs net loss of $1.4M.
Revenue $39.6M, down 3% YoY due to shipment delays from rerouting to Aqaba Port; gross margin improved 410 bps to 15.4%.
Q2 fiscal 2026 revenue guidance $40-42M; gross margin goal of 15-16%.
Board declared $0.05 quarterly dividend payable Aug 29, 2025 to holders of record Aug 22, 2025.
Expanded factory capacity (15% increase) fully booked through Feb 2026; initial order from major US retailer under way.

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