<SEC-DOCUMENT>0001144204-19-028446.txt : 20190528
<SEC-HEADER>0001144204-19-028446.hdr.sgml : 20190528
<ACCEPTANCE-DATETIME>20190528161842
ACCESSION NUMBER:		0001144204-19-028446
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20190528
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190528
DATE AS OF CHANGE:		20190528

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Jerash Holdings (US), Inc.
		CENTRAL INDEX KEY:			0001696558
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				814701719
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38474
		FILM NUMBER:		19857907

	BUSINESS ADDRESS:	
		STREET 1:		260 EAST MAIN STREET
		STREET 2:		SUITE 2706
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14604
		BUSINESS PHONE:		2125759085

	MAIL ADDRESS:	
		STREET 1:		260 EAST MAIN STREET
		STREET 2:		SUITE 2706
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14604
</SEC-HEADER>
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<TYPE>8-K
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<FILENAME>tv522579_8k.htm
<DESCRIPTION>FORM 8-K
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<TD COLSPAN="4" STYLE="text-align: center; font-size: 10pt"><B>UNITED STATES</B></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><B>Washington, D.C. 20549</B></TD></TR>
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<TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; font-size: 12pt">FORM 8-K</TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; font-size: 12pt"><FONT STYLE="font-size: 10pt">CURRENT REPORT</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><B>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Date of Report (Date of earliest event reported):</FONT> <B>May 28, 2019</B></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 14pt"><B>Jerash Holdings (US), Inc</B>.</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">(Exact name of registrant as specified in its charter)</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
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<TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center; font-size: 10pt; layout-grid-mode: line">Delaware</TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">001-38474</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; text-align: center; font-size: 10pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">81-4701719</FONT></TD></TR>
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<TD COLSPAN="2" STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-size: 10pt">(State or other jurisdiction</FONT></TD>
<TD STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">(Commission</FONT></TD>
<TD STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">(IRS Employer</FONT></TD></TR>
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<TD COLSPAN="2" STYLE="font-size: 10pt; layout-grid-mode: line; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt; font-weight: normal">of incorporation)</FONT></TD>
<TD STYLE="font-size: 10pt; layout-grid-mode: line; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt; font-weight: normal">File Number)</FONT></TD>
<TD STYLE="font-size: 10pt; layout-grid-mode: line; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt; font-weight: normal">Identification No.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="4" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center; font-size: 12pt"><FONT STYLE="font-size: 10pt">260 East Main Street, Suite 2706, Rochester, NY 14604</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="4" STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-size: 10pt">(Address of principal executive offices)&nbsp;&nbsp;(Zip Code)</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Registrant's telephone number, including area code: </FONT><B>(212) 575-9085</B></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">(Former name or former address, if changed since last report)</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line; text-align: center">&nbsp;</TD></TR>
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<TD COLSPAN="4" STYLE="text-indent: 0in; font-size: 10pt"><FONT STYLE="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</FONT></TD></TR>
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<TD STYLE="text-indent: 0in; font-size: 10pt">&nbsp;</TD>
<TD COLSPAN="3" STYLE="text-indent: 0in; font-size: 10pt">&nbsp;</TD></TR>
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<TD STYLE="text-indent: 0in; font-size: 10pt"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="3" STYLE="text-indent: 0in; font-size: 10pt"><FONT STYLE="font-size: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
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<TD STYLE="text-indent: 0in; font-size: 10pt"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="3" STYLE="text-indent: 0in; font-size: 10pt"><FONT STYLE="font-size: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
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<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="3">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
<TR STYLE="vertical-align: top">
<TD COLSPAN="4" STYLE="font-size: 10pt; layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="font-size: 10pt; layout-grid-mode: line"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
<TD COLSPAN="3">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
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<TD STYLE="width: 3%">&nbsp;</TD>
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<TD STYLE="width: 34%">&nbsp;</TD>
<TD STYLE="width: 33%">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 9pt; margin-bottom: 0pt">Securities Registered pursuant to Section
12(b) of the Act:</P>

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    <TD STYLE="width: 18%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Trading Symbol(s)</FONT></TD>
    <TD STYLE="width: 42%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Name of each exchange on which registered</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Common Stock, par value $0.001 per share</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">JRSH</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">The Nasdaq Stock Market LLC</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 9.35pt; margin-bottom: 0pt">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect; 230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (&sect; 240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 9.35pt; margin-bottom: 0pt">Emerging growth company <FONT STYLE="font-family: Wingdings">x</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 9.35pt 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 9.35pt; margin-bottom: 0pt">If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. <FONT STYLE="font-family: Wingdings">x</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 63pt"><B>Item 7.01</B></TD><TD><B>Regulation FD Disclosure.</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On May 28, 2019, Jerash Holdings (US),
Inc. issued a press release to announce select preliminary financial results for its fiscal fourth quarter and full fiscal year
ended March 31, 2019. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 63pt"><B>Item 9.01</B></TD><TD><B>Financial Statements and Exhibits</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d) <I>Exhibits</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Exhibit No.</FONT></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="width: 82%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Description</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"><A HREF="tv522579_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">99.1</FONT></A></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"><A HREF="tv522579_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Press release, dated May 28, 2019</FONT></A></TD></TR>
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    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">SIGNATURES</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Pursuant to the requirements of the Securities
    Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
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    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-size: 10pt"><B>JERASH HOLDINGS (US), INC.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 42%; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Dated:&nbsp;&nbsp;May 28, 2019</FONT></TD>
    <TD STYLE="width: 5%; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 53%; border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-size: 10pt"><I>/s/ Richard J. Shaw</I></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Richard J. Shaw</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="layout-grid-mode: line">&nbsp;</TD>
    <TD STYLE="layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tv522579_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"><IMG SRC="ex522579_ex99-1img1.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Jerash Reports Preliminary Fiscal Fourth
Quarter and Full Year 2019 Results</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Record Fourth Quarter Revenue, Full Year
Revenue Exceeds Outlook</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Rochester, New York &ndash; May 28, 2019
 &ndash; Jerash Holdings (US), Inc. (Nasdaq: JRSH) (the &ldquo;Company&rdquo; or &ldquo;Jerash&rdquo;), a producer of high-quality
textile goods for leading global brands, today reported select results for its fiscal fourth quarter and full year 2019, which
ended March 31, 2019. The results are preliminary and unaudited. The Company intends to report its complete financial results in
June.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Fiscal Fourth Quarter 2019 Highlights:</B></P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Revenue increased 63.6% year-over-year
to a fiscal fourth quarter record $14.5 million; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Generated quarterly gross margin of 17.7%, reflecting less favorable short-term order mix as the Company ramps up its warmer
season production;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Generated $2.6 million in gross profit; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Fourth quarter GAAP net loss is estimated at $205,000, or ($0.02) per diluted share;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Fiscal 2019 Full Year Highlights:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Revenue increased 22.6% year-over-year
to a record $85.0 million, exceeding the Company&rsquo;s revenue forecast of at least $82 million; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Generated gross margin of 22.1%, lower than the Company&rsquo;s forecast of 23% to 24%, reflecting strong first half gross
margin offset by reduced second half margin as the Company executed on share gain programs with key customers;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Generated $18.8 million in gross profit; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Full year GAAP net income is expected to be $5.1 million, or $0.45 per diluted share.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Cash Flow and Balance Sheet Highlights:
</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Cash flow from operations for the full year is estimated to be $9.3 million; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Cash, cash equivalents and restricted cash is estimated to be $27.8 million at year end, or $2.44 per diluted share, as the
Company ramps up production for the first half fiscal of 2020.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Recent Production Capacity Highlights:</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Commenced initial production on April 15 from Jerash&rsquo;s previously announced 1.5 million piece capacity expansion, which
will bring total capacity to more than 8.0 million pieces per year as the new factory increases production volume throughout fiscal
2020; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Launched the new facilities with an initial order for an incremental 800,000 pieces.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Management Commentary</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Sam Choi, Chairman and Chief Executive
Officer, stated: &ldquo;We generated record topline sales for both our fiscal fourth quarter and full year, increasing 64% and
23% respectively over the same periods last year. Our record revenue reflects strong demand for our production capacity as customers
increasingly look to Jerash for high quality manufacturing without the added expense of substantial import tariffs on goods destined
for consumers in the US and EU. Gross margins were challenging in the second half due to planned programs to gain share with additional
customers, a large rush order accepted from a key customer, and product mix shifts in the fourth quarter as we completed a larger
quantity of local orders and lower margin warm weather apparel than in the previous year. We are working to adjust our order criteria
to improve second half margins going forward, as compared with high value and higher margin orders for cold weather apparel produced
in our upcoming fiscal first half.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><IMG SRC="ex522579_ex99-1img1.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;We were also excited to commence
initial production at our newly acquired factory, which adds an estimated 1.5 million pieces of production capacity, bringing our
total annual capacity to 8.0 million pieces once the production in the new facility is fully ramped up. We are particularly pleased
to have acquired this facility for only $1 million in capital purchase cost and the assumption of certain operating leases and
commitments. Due to high demand from existing and new customers, we launched the facility with orders in place for 800,000 pieces,
more than half the additional annual capacity. We look forward to reaching full production in the new site, as well as adding further
orders from customers seeking out high quality production capabilities and zero tariff imports to the US and EU.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&ldquo;We are excited as we move into Fiscal
2020 with expanded capacity, greater customer orders and a strong platform on which to further build our business for the benefit
of our shareholders.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>About Jerash Holdings (US), Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Jerash Holdings (US), Inc. (Nasdaq: JRSH) is a manufacturer
utilized by many well-known brands and retailers, such as Walmart, Costco, Sears, Hanes, Columbia, Land&rsquo;s End, VF Corporation
(which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, etc.), and Philip-Van Heusen (which owns
brands such as Calvin Klein, Tommy Hilfiger, IZOD, Speedo, etc.). Its production facilities are currently made up of four factory
units and three warehouses and currently employ approximately 3,000 people. The total annual capacity at its facilities is approximately
6.5 million pieces. Additional information is available at http://www.jerashholdings.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Forward Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This news release contains forward-looking
statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made.
When used in this document, the words &ldquo;may,&rdquo; &ldquo;would,&rdquo; &ldquo;could,&rdquo; &ldquo;will,&rdquo; &ldquo;intend,&rdquo;
 &ldquo;plan,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;estimate,&rdquo; &ldquo;expect,&rdquo; &ldquo;outlook,&rdquo;
 &ldquo;forecast,&rdquo; &ldquo;guidance,&rdquo; &ldquo;indication&rdquo; and similar expressions are intended to identify forward-looking
statements. Such statements reflect Jerash&rsquo;s current views with respect to future events and are subject to such risks and
uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described
from time to time in filings made by Jerash with the Securities and Exchange Commission. Should one or more of these risks or uncertainties
materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially
from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding
past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Jerash
does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, our expectations about
full year 2019 results are based on preliminary unaudited information about the full year, have not been reviewed by our
independent registered public accountants, and remain subject to the completion of normal quarter-end accounting procedures
and are subject to change. Accordingly, as we complete these procedures, actual results could differ materially from these
preliminary results.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Contact:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Richard J. Shaw, Chief Financial Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(315) 727-6791</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">richard.shaw@jerashholdings.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><BR>
Matt Kreps, Darrow Associates Investor Relations<BR>
(214) 597-8200<BR>
mkreps@darrowir.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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