Three Months Ended

June 30,

2021

2020

Numerator:

Net income attributable to Jerash Holdings (US), Inc.’s Common Stockholders

$

1,934,683

$

813,859

Denominator:

Denominator for basic earnings per share (weighted-average shares)

11,333,934

11,325,000

Dilutive securities – unexercised warrants and options

20,746

5,210

Denominator for diluted earnings per share (adjusted weighted-average shares)

11,354,680

11,330,210

Basic and diluted earnings per share

$

0.17

$

0.07