Jerash Holdings (US), Inc. (NASDAQ: JRSH) announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at a public offering price of $7.00 per share.
Shares of Jerash Holdings (US) (NASDAQ:JRSH) fell 0.7% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 142.86% over the past year to $0.17, which beat the estimate of $0.12.
Jerash Holdings (US) (NASDAQ:JRSH) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.12 by 41.67 percent. This is a 142.86 percent increase over earnings of $0.07 per share
Jerash Holdings (US) Inc’s (NASDAQ:JRSH) subsidiary, Jerash Garments and Fashions Manufacturing Co Ltd, has acquired the physical premises of the previously announced MK…