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Jerash Holdings to Acquire New Manufacturing Facility and Associated Land; Expected to Significantly Increase Company's Production Capacity
Accessnewswire· 2026-02-05 13:00
Core Viewpoint - Jerash Holdings has received approval to acquire a manufacturing building and land in Amman, Jordan for approximately $3.4 million, which will enhance its production capacity and operational efficiency [1] Group 1: Acquisition Details - The acquisition involves a bank-owned manufacturing building of about 184,000 square feet [1] - Jerash Holdings made a down payment of $0.6 million, with the remaining $2.8 million financed by the Housing Bank over an eight-year period [1] - The first principal payment is scheduled for February 2027 [1] Group 2: Strategic Implications - This acquisition is expected to support Jerash's manufacturing capabilities for custom and ready-made sportswear and outerwear [1] - The expansion aligns with the company's strategy to cater to leading global brands [1]
Jerash Holdings to Report Financial Results for Fiscal 2026 Third Quarter on Monday, February 9, 2026
Accessnewswire· 2026-01-30 13:00
Core Viewpoint - Jerash Holdings (US), Inc. is set to release its financial results for the third quarter of fiscal 2026 on February 9, 2026, before market opening [1] Group 1 - The company specializes in manufacturing and exporting custom, ready-made sportswear and outerwear for leading global brands [1] - An investor conference call will be held on the same day as the financial results release [1]
Jerash Holdings Announces Results of 2025 Annual Meeting of Stockholders
Accessnewswire· 2025-09-11 20:05
Core Points - Jerash Holdings (US), Inc. announced the results of its annual meeting of stockholders held on September 10, 2025 [1] - All five nominated directors were re-elected, which includes Choi Lin Hung, Wei ("Kitty") Yang, Ibrahim H. Saif, Bill Korn, and Mak Chi Yan [1] Company Summary - Jerash Holdings specializes in manufacturing and exporting custom, ready-made sportswear and outerwear in Jordan for leading global brands [1]