Jerash holdings reports financial results for fiscal year 2023 first quarter

Fairfield, nj / accesswire / august 11, 2022 / jerash holdings (us), inc. (nasdaq:jrsh) (the "company" or "jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced financial results for its fiscal year 2023 first quarter, ended june 30, 2022. first quarter fiscal year 2023 highlights revenue of $33.4 million, up 11.9 percent from the same quarter last year gross profit of $6.6 million, up 17.6 percent from the same quarter last year gross margin of 19.8 percent, up 100 basis points, from the same quarter last year net income of $1.7 million, or $0.14 per share, versus $1.9 million, or $0.17 per share, from the same quarter last year fiscal year 2023 outlook revenue for fiscal year 2023 second quarter: $41 million to $43 million vs.
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