Jerash Holdings (US), Inc.

Greetings. Welcome to the Jerash Holdings Fiscal 2026 Fourth Quarter and Full Year Financial Results. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, Roger Pondell, Investor Relations for Jurasch Holdings. You may begin.

Thank you, operator. Good morning, everyone, and welcome to Jurasch Holdings' fiscal 2026 fourth quarter and full year conference call. I'm Roger Pondell with Pondell Wilkinson, Jurasch Holdings Investor Relations firm. On the call today from the company, our Chairman and Chief Executive Officer, Sam Choi, Chief Financial Officer, Gilbert Lee, and Eric Tang, who leads the company's operations in Jordan. Before I turn the call over to Sam, I want to 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 the company's most recent Form 10-K, as filed with the Securities and Exchange Commission, and 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 as required by law. And with that, it is my pleasure to turn the call over to Sam Choi. Sam?

Thank you, Rogers. I'm pleased to report that Jurasch closed the fiscal 2026 with outstanding fourth quarter performance and record revenue for the full year. This strong performance was driven by increasing demand from the company's long-outstanding key customers, as well as growing contributions from newer customers, including Hansel Group in South Korea and other customers that have been acquired in recent years. Building on this momentum, the results reflected robust top-line growth, and a meaningful improvement in profitability. These gains were supported by enhanced production capabilities and operational efficiencies, with increased automation and economies of scale, enabling a more balanced sales profile and improved margins throughout the year. We're confident in our ability to sustain this progress and continue delivering solid performance. I'm pleased to report that the last shipments under Hensel's initial large order for 3 million pairs of girl shorts were completed early in the fiscal fourth quarter. The products, and in turn, were well received by Hensel's largest customers. a US-based multinational omnichannel retailer, reflecting Juresh's strong production quality and online delivery performance. We have since received two additional orders from Hensel for the same end customer. We continue to cultivate relationships with additional global brands and strategic partners as part of our broader strategy to diversify both our customer base and product mix, as well as to support more stable year-round production and reduce impact of technology on our business. Together with our blended capacity expansion, these initiatives position us to deliver a steady pipeline of profitable growth. As we scale, our team remains focus on further improving gross margins while maintaining disciplined operational execution and cost control. To support growing demand through our phased and capital division expansion strategy, we have begun renovating and expanding several manufacturing facilities and optimizing warehouse capacity, including in newly acquired buildings. rather than concentrating our investment in a single flagship production complex. The first phase of renovation is expected to increase production capacity by approximately 15% and add 700 workers by the end of calendar year 2026. The remaining expansion is scheduled for completion by end 2027. and is expected to contribute an additional 20 to 25% in production capacity. With that, I will now turn the call over to Eric Tang, who is in charge of our operation in Jordan. Eric? Thank you, Sam.