Filing Analysis
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the first quarter of fiscal year 2027, which ended on June 30, 2026.
π Key Facts
- Reporting period: Fiscal year 2027 first quarter (ended June 30, 2026).
- Filing date: August 10, 2026.
- The filing includes a press release containing the financial results as Exhibit 99.1.
Jerash Holdings (US), Inc. announced that its board of directors has declared a regular quarterly dividend of $0.05 per share. The dividend is payable on or about August 24, 2026, to shareholders of record as of August 17, 2026.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: August 17, 2026.
- Payment date: On or about August 24, 2026.
Jerash Holdings (US), Inc. announced that Chairman Choi Lin Hung will not stand for re-election as Chairman at the 2026 annual meeting, though he will remain CEO, President, and Treasurer. The Board has nominated current Head of Marketing Ng Tsze Lun to succeed him as Chairman if elected.
π© Red Flags
- Leadership transition at the Board level involving the Chairman, which can sometimes signal internal shifts despite stated reasons for departure.
π Key Facts
- Choi Lin Hung is stepping down from his role as Chairman of the Board effective at the 2026 annual meeting.
- Mr. Hung will continue to serve in his executive roles as CEO, President, and Treasurer.
- The Board nominated Ng Tsze Lun (current Head of Marketing) to be elected as a director and subsequently serve as Chairman.
- Ng Tsze Lun has over 50 years of experience in the garment industry.
- No disagreement was reported regarding Mr. Hung's decision to step down from the Chairmanship.
Jerash Holdings (US), Inc. filed a current report to announce the issuance of a press release regarding its financial results for the fourth quarter and full fiscal year ended March 31, 2026.
π Key Facts
- The filing date is June 15, 2026.
- The report covers the fiscal year ended March 31, 2026.
- Financial results were disseminated via a press release (Exhibit 99.1).
Jerash Holdings (US), Inc. announced that its board of directors has declared a regular quarterly dividend of $0.05 per share of common stock. The dividend is scheduled to be paid on May 21, 2026, to shareholders of record as of May 14, 2026.
π Key Facts
- Quarterly dividend amount is $0.05 per share of common stock.
- The dividend payment date is set for on or about May 21, 2026.
- The record date for stockholders is May 14, 2026.
- The announcement was made via a press release on May 4, 2026.
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the fiscal year 2026 third quarter, which ended on December 31, 2025.
π Key Facts
- Reporting period: Fiscal year 2026 third quarter (ended December 31, 2025).
- Filing date: February 9, 2026.
- The filing includes a press release as Exhibit 99.1 regarding financial results.
Jerash Holdings (US), Inc. announced that its wholly owned subsidiary, Jerash Garments, received approval from the Housing Bank for Trade and Finance to purchase a manufacturing building and land in Jordan. The transaction is valued at approximately $3.38 million USD.
π Key Facts
- Subsidiary: Jerash Garments and Fashions Manufacturing Company Limited.
- Asset: Manufacturing building and associated land located in Al-Ruqaim Village, South Amman, Jordan.
- Purchase Price: 2,400,000 Jordanian Dinars (approximately $3,384,000 USD).
- Financing: To be funded via a down payment and bank financing from the Housing Bank for Trade and Finance.
- Terms: Subsidiary is responsible for all ownership transfer fees and expenses.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration of $0.05 per share.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: February 13, 2026.
- Payment date: On or about February 20, 2026.
Jerash Holdings (US), Inc. filed an 8-K to furnish its financial results for the fiscal year 2026 second quarter, which ended on September 30, 2025.
π Key Facts
- Reporting period: Fiscal year 2026 second quarter, ended September 30, 2025.
- Filing date: November 12, 2025.
- The filing includes a press release (Exhibit 99.1) containing the financial results.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration of $0.05 per share. The dividend is payable on or about November 26, 2025, to shareholders of record as of November 19, 2025.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: November 19, 2025.
- Payment date: On or about November 26, 2025.
This is an amendment to a previously filed 8-K (Form 8-K/A) intended solely to correct the vote count for director Ibrahim H. Saif following the annual meeting of stockholders held on September 10, 2025.
π© Red Flags
- None identified; this is a clerical correction to voting results.
π Key Facts
- The filing is an amendment (8-K/A) to a report filed on September 11, 2025.
- Purpose: To correct the number of shares that voted for the election of Ibrahim H. Saif.
- Corrected vote count for Ibrahim H. Saif: 6,544,143 votes in favor and 207,794 votes withheld.
- Five directors were elected to serve until the 2026 annual meeting: Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn, and Mak Chi Yan.
- Stockholders approved executive compensation packages.
- Annual meeting held on September 10, 2025.
Jerash Holdings (US), Inc. reported the results of its annual meeting of stockholders held on September 10, 2025. The meeting included the election of five directors and a shareholder vote to approve executive compensation.
π Key Facts
- Five directors were elected: Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn, and Mak Chi Yan; all will serve until the 2026 annual meeting.
- Stockholders approved the compensation paid to named executive officers as disclosed in Regulation S-K.
- The company reported no broker non-votes for either proposal.
Jerash Holdings (US), Inc. announced the termination of a joint venture with Newtech Textile (HK) Limited via the deregistration of the joint venture entity, Jerash Newtech (Hong Kong) Holdings Limited.
π© Red Flags
- Termination of a previously established joint venture suggests the strategic partnership did not reach operational status.
π Key Facts
- The Joint Venture and Shareholderβs Agreement was originally entered into on October 10, 2023.
- Jerash's subsidiary, Treasure Success International Limited, held a 51% equity interest in the JV.
- Newtech Textile (HK) Limited held a 49% equity interest.
- On August 20, 2025, shareholders resolved to deregister Jerash Newtech because it had not commenced business and had no outstanding liabilities.
- The termination of the Agreement is contingent upon the successful deregistration of the entity under Section 750 of the Hong Kong Companies Ordinance.
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the first quarter of fiscal year 2026, which ended on June 30, 2025.
π Key Facts
- Reporting period: Fiscal Year 2026 First Quarter (ended June 30, 2025).
- Announcement date: August 12, 2025.
- The filing includes a press release as Exhibit 99.1 containing the financial results.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration by its board of directors.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: August 22, 2025.
- Payment date: On or about August 29, 2025.
Jerash Holdings (US), Inc. issued an 8-K to furnish its financial results for the fiscal year 2025 fourth quarter and full year, ended March 31, 2025.
π Key Facts
- Report date: June 23, 2025
- Reporting period: Fiscal year 2025 fourth quarter and full year (ended March 31, 2025)
- The filing includes a press release as Exhibit 99.1 containing the financial results.
Jerash Holdings (US), Inc. has announced the termination of its joint venture with P. T. Eratex (Hong Kong) Limited, which was established in March 2023. The dissolution of the joint venture entity, J&B International Limited, is expected to be completed by April 2027.
π© Red Flags
- Dissolution of a joint venture indicates the strategic partnership or specific business line has failed to meet objectives within its first two years of operation.
π Key Facts
- The Joint Venture and Shareholderβs Agreement was originally entered into on March 20, 2023.
- The JV (J&B International Limited) consisted of Treasure Success (51% equity) and Eratex (49% equity).
- Shareholders met on June 16, 2025, to approve the termination of business operations and dissolution of J&B.
- The termination process includes completing outstanding sales orders, collecting receivables, and handling customer liabilities.
- Full dissolution is expected to be completed in April 2027.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration of $0.05 per share.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: May 30, 2025.
- Payable date: On or about June 6, 2025.
Jerash Holdings (US), Inc. announced the resignation of its independent auditor, Marcum LLP, effective March 24, 2025. The company has appointed CBIZ CPAs P.C. as its new independent registered public accounting firm.
π© Red Flags
- Auditor change: The resignation of a primary auditor is often viewed with skepticism by the market.
- Existing material weaknesses in internal control over financial reporting regarding period-end processes and IT general controls.
π Key Facts
- Marcum LLP resigned as the Company's independent auditor on March 24, 2025.
- CBIZ CPAs P.C. was engaged by the Audit Committee to replace Marcum on March 25, 2025.
- The company reported no disagreements with Marcum regarding accounting principles or auditing procedures prior to resignation.
- Marcum's previous reports for fiscal years ended March 31, 2024 and 2023 contained no adverse opinions or disclaimers.
- Material weaknesses in internal control over financial reporting were previously disclosed, specifically regarding period-end financial reporting (income taxes/reconciliations) and IT general controls (privileged user access).
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the fiscal year 2025 third quarter, which ended on December 31, 2024.
π Key Facts
- Reporting period: Fiscal year 2025 third quarter (ended December 31, 2024).
- Filing date: February 11, 2025.
- The filing includes a press release as Exhibit 99.1 containing the financial results.
Jerash Holdings (US), Inc. announced a regular quarterly dividend of $0.05 per share. The dividend is payable on or about February 25, 2025, to shareholders of record as of February 18, 2025.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: February 18, 2025.
- Payment date: On or about February 25, 2025.
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the second quarter of fiscal year 2025, which ended on September 30, 2024.
π Key Facts
- Reporting period: Fiscal year 2025 second quarter, ended September 30, 2024.
- Filing date: November 12, 2024.
- The filing includes a press release (Exhibit 99.1) containing the financial results.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration of $0.05 per share.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: November 22, 2024.
- Payment date: On or about November 29, 2024.
Jerash Holdings (US), Inc. reported the results of its annual meeting of stockholders held on September 27, 2024. The meeting included elections for five directors and advisory votes regarding executive compensation.
π Key Facts
- Five directors were elected to serve until the 2025 annual meeting: Choi Lin Hung, Wei ('Kitty') Yang, Ibrahim H. Saif, Bill Korn, and Mak Chi Yan.
- Stockholders approved the compensation paid to named executive officers (Say-on-Pay).
- Stockholders voted in favor of a one-year frequency for the advisory vote on executive compensation.
- The Company will include an annual stockholder vote on executive compensation until the next required advisory vote on voting frequency.
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the first quarter of fiscal year 2025, which ended on June 30, 2024.
π Key Facts
- Reporting period: Fiscal year 2025 first quarter ended June 30, 2024.
- Filing date: August 13, 2024.
- The filing serves as a vehicle to furnish the quarterly earnings press release (Exhibit 99.1).
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration of $0.05 per share.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: August 16, 2024.
- Payment date: On or about August 23, 2024.
- The announcement was made via a press release dated August 5, 2024.
Jerash Holdings (US), Inc. filed an 8-K to furnish its financial results for the fiscal year 2024 fourth quarter and full year, which ended on March 31, 2024.
π Key Facts
- Reporting period: Fiscal year 2024 fourth quarter and full year ended March 31, 2024.
- Filing date: June 27, 2024.
- The filing serves to furnish the press release containing financial results as Exhibit 99.1.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration of $0.05 per share. The dividend is payable on or about June 7, 2024, to stockholders of record as of May 31, 2024.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: May 31, 2024.
- Payment date: On or about June 7, 2024.
- Filing type: Regulation FD Disclosure (Item 7.01).
Jerash Holdings (US), Inc. filed an 8-K to announce its financial results for the third quarter of fiscal year 2024, which ended on December 31, 2023.
π Key Facts
- Reporting period: Fiscal year 2024 third quarter (ended December 31, 2023).
- Filing date: February 8, 2024.
- The filing serves to furnish the quarterly earnings press release as Exhibit 99.1.
Jerash Holdings (US), Inc. announced a regular quarterly dividend declaration by its board of directors.
π Key Facts
- Dividend amount: $0.05 per share of common stock.
- Record date: February 16, 2024.
- Payable date: On or about February 23, 2024.