Jerash holdings reports fiscal 2023 second quarter financial results

Performance impacted by slowing economy and postponement of shipments requested by customers company announces new joint venture and makes progress with initiative to expand base of global customers fairfield, nj / accesswire / november 10, 2022 / jerash holdings (us), inc. ("jerash" or the "company") (nasdaq:jrsh), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced financial results for its fiscal 2023 second quarter, ended september 30, 2022. jerash also announced that on november 9, 2022, it signed a memorandum of understanding to establish a joint venture company with busana apparel group ("busana") to produce garments for busana's retail customers that are expressing interest to geographically diversify and add production in jordan, which has long-standing duty-free export agreements with the u.s., the eu and other countries.
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