Jerash Holdings (US), Inc.

Holdings fiscal 2025 third quarter financial results. At this time, all participants are in a listen-only mode, and if anyone should require the operator assistance during this conference, please press star zero on your phone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, Roger Pondell, Investor Relations of Jurash Holdings. The floor is yours.

Thank you, Jenny. Good morning, everyone. Welcome to Jurasch Holdings Fiscal 2025 Third Quarter Conference Call. I'm Roger Pondell with Pondell Wilkinson, Jurasch Holdings Investor Relations Firm. On the call today from the company are Chairman and Chief Executive Officer Sam Choi, Chief Financial Officer Gilbert Lee, Eric Tang, who leads the company's operations in Jordan, and Ringo Ng, head of marketing. Before I turn the call over to Sam, I want to mention or remind our listeners that today's call may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to numerous conditions, many of which are beyond the company's control, including those set forth in the risk factor section of Jurasch's most recent Form 10-K is filed with the Securities and Exchange Commission, copies of which are available on the SEC's website at www.sec.gov, along with other company filings made with the SEC from time to time. Actual results could differ materially from these forward-looking statements, and Jurasch Holdings undertakes no obligation to update any forward-looking statements except, of course, as required by law. And with that, it's my pleasure to turn the call over to Sam Choi. Sam?

Thank you, Roger. Our business is continuing to gain traction with increasing inquiries from new and existing customers that are looking to add manufacturing partners in territory countries such as Jordan. Our fiscal third quarter revenue increased by nearly 30%, yet results were lower than originally anticipated. Sales were impacted by congestion at Israel's Haifa port due to further geopolitical turmoil in the region, which caused long delays in shipments. We estimated that close to 6 million of finished goods were not shipped until early in the fiscal fourth quarters. Nevertheless, we are pleased to report that export trade routes since late January have markedly improved and ocean containers are being shipped in a more timely manner. We are hopeful that stability in our operating environment will continue and we are eager to resume our focus on growth. On the new business front, we are encouraged by growing interest from international apparel companies, including well-recognized brands in Europe and the Persian Gulf region. This supports the direct goal of diversifying our customer base and expanding product mix. Our optimism further reflects new possibilities in today's environment. Based on the competitive advantage for companies doing business in Jordan, combined with the long history and reputation for quality built over the past 20 plus years in the industry. We do believe we are in an excellent position to capture greater opportunities in the years ahead. To support anticipated growth, we recently started expanding two of our existing manufacturing facilities with expectations of being completed by June of this year. The expansions will increase our production capacity by 15%. Separately, we are actively working with the Jordanian government to expand our existing facilities in Al-Hassan, which by the end of this calendar year could add an additional 5 to 10% of production capacity. And we also are assessing long-term larger scale expansion plans. Eric Tang, who is in charge of our operation in Jordan, will share more about that shortly, and I will now turn the call over to him. Eric.