Jerash holdings reports fiscal 2021 fourth quarter and full year financial results; provides fiscal 2022 outlook

Fairfield, nj / accesswire / june 22, 2021 / jerash holdings (us), inc. (nasdaq:jrsh), a producer of high-quality textile goods for leading global brands, today announced financial results for its fiscal 2021 fourth quarter and full year, ended march 31, 2021. fourth quarter highlights - fiscal 2021 versus fiscal 2020 revenue of $23.8 million, an increase of 65 percent, reflecting higher shipments and the addition of new customers gross profit of $4.7 million, an increase of 271 percent, due to higher revenue and gross margin gross margin of 19.6 percent, reflecting improved product mix net income of $680,000 vs.
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