Brief: Jerash Holdings Says Much Of Production Work For March Quarter Was Completed Prior To Shutdown Order

Jerash Holdings (US)

25/03/2020 20:46

March 25 (Reuters) - Jerash Holdings (US) Inc  JRSH.O :
    * JERASH HOLDINGS (US) INC - BELIEVES THAT MUCH OF ITS
PRODUCTION
WORK FOR MARCH QUARTER HAD BEEN COMPLETED PRIOR TO SHUTDOWN
ORDER
    * JERASH HOLDINGS (US) - TIMING OF REVENUE RECOGNITION MAY
BE
AFFECTED FOR LIMITED NUMBER OF PIECES THAT WERE BEING PREPARED
FOR TRANSIT IN LATE MARCH

Source : (https://bit.ly/2UzubR6)
Further company coverage:  JRSH.O 

 ((Reuters.Briefs@thomsonreuters.com;))