Jerash Holdings’ revenue in the third quarter declined to $27.5 mn due to supply chain interruptions. Gross profit was $4.5 mn with a 16.2 per cent margin.
Operating expenses decreased, and new customer orders show growth potential.
CEO Sam Choi cites regional tensions affecting production, but expresses optimism about growth opportunities in Europe.Jerash Holdings’ revenue in the third quarter declined to $27.5 mn due to supply chain interruptions. Gross profit was $4.5 mn with a 16.2 per cent margin.
Operating expenses decreased, and new customer orders show growth potential.
CEO Sam Choi cites regional tensions affecting production, but expresses optimism about growth opportunities in Europe.
