What explains ELAB's fluctuating other expenses?

Jerash Holdings (ELAB) has been experiencing fluctuations in its other expenses, which can be attributed to several factors:

1. **Inflationary Pressures and Higher Interest Rates**: These factors have been impacting retailers, including Jerash Holdings, leading to a decrease in revenue and gross margin. The company has reported that inflationary pressures, higher interest rates, and inventory levels have taken a toll on its performance.
2. **Customer Shipment Postponements**: Approximately $4 million in customer shipment postponements have impacted Jerash Holdings' revenue. This is one of the reasons for the decrease in revenue compared to the same quarter last year.
3. **Expansion of Operations**: The expansion of merchandising and sampling operations in Jordan has led to an increase in SG&A expenses. This investment in expanding operations is expected to pay off in the long run, but in the short term, it has contributed to the elevation of operating expenses.
4. **Diversification of Sourcing**: The company's efforts to diversify material and supply sourcing to reduce dependency on Asia and certain material lead times have led to increased expenses. This strategic move is aimed at providing quicker responses to customers and attracting additional global brands.

In conclusion, Jerash Holdings' fluctuating other expenses can be attributed to a combination of inflationary pressures, higher interest rates, customer shipment postponements, expansion of operations, and diversification of sourcing. These factors have both positively and negatively impacted the company's financial performance, leading to fluctuations in other expenses.