8/10/2026

speaker
Operator
Conference Call Operator

Good day, everyone. Welcome to the Jerash Holdings Fiscal 2027 First Quarter Financial Results. At this time, all participants have been placed on a listen-only mode, and the floor will be open for questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Roger Pondell, Investor Relations. The floor is yours.

speaker
Roger Pondell
Investor Relations

Thanks so much, operator. Good morning, everyone. Welcome to Jurash Holdings Fiscal 2027 First Quarter Conference Call. I'm Roger Pondell with Pondell Wilkinson, Jurash Holdings Investor Relations Firm. On the call today from the company are Chief Executive Officer Sam Choi, Chief Financial Officer Gilbert Lee, and Eric Tang, who leads the company's operations in Jordan. Also, Ringo Ng, The company's head of marketing will be on the call for the Q&A session. 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 before 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?

speaker
Sam Choi
Chief Executive Officer

Thank you, Roger. We are pleased to report another quarter of exceptional financial performance, highlighted by record revenue, improved gross margins, and a significant increase in profitability. These strong results reflect the continued advantages of our Jordan-based manufacturing platform, combined with disciplined execution on delivery, quality, and operational efficiency. Fiscal first quarter revenue reached a record level of more than $15 million, representing growth of nearly 27%. compared with the prior year period. We are pleased to see increased order volumes from our two largest US customers, along with continued contributions from the company's strategic partner, Hensel Group in Korea. As customer demand continues to grow, we are expanding our production capacity in a disciplined manner while maintaining the quality The strong momentum in our business reinforces our confidence, interest, ability to scale efficiently and deliver sustainable growth. In addition to our operational achievements, we are encouraged by recent trade developments that further strengthen our competitive position The newly announced duty-free access for Jordanian apparel and textile exports to the U.S. is a meaningful advantage for Juresh and reinforces our standing as a preferred manufacturing source for leading global brands and retailers. We believe this favorable trade environment will support future growth. create opportunities to attract new customers and strategic partners and enhance our ability to deliver long-term value for our customers and shareholders. While our outlook remains positive, we are closely monitoring geopolitical developments in the Middle East that could affect near-term regional market conditions, including export logistics, and transportation calls for war materials sourced from Asia. Although these factors may create periodic challenges, we believe our strong customer relationships, operational flexibility and growing attractiveness in the marketplace position us well to navigate a dynamic environment and continue supporting our customers' needs effectively. We remain focused on executing our growth strategy, investing in capacity and capabilities, and leveraging the unique advantages of our manufacturing platform. With an expanded customer base, product mix, and favorable trade conditions, we believe Jerez is well positioned to capitalize on emerging opportunities in the years ahead. With that, I will now turn the call over to Eric Tang, who is in charge of our operations in Jordan.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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