SINGAPORE, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), today announced that its subsidiary, Primech A&P (the “Company”), an established technology-driven facility services provider in the public and private sectors in Singapore, has secured a multi-year cleaning services contract with a leading polytechnic in Singapore, valued at S$25,196,581.00 (approximately US$19.6 million), making this one of the Company's most material wins to date.
Related Questions
What is the projected contribution of this S$25.2 million contract to Primech's FY2026 revenue and earnings?
How does the profit margin on this cleaning services contract compare to Primech's historical service contracts and industry peers?
What are the risks regarding contract renewal, potential cancellations, or performance penalties that could affect future cash flows?