Business
Primech Holdings Limited Provides Financial Updates and Corporate Highlights For the Six Months Ended September 30, 2025
Primech Holdings Ltd (NASDAQ:PMEC) SINGAPORE, SINGAPORE, March 30, 2026 /EINPresswire.com/ -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the
About this update from Primech Holdings Ltd.
[{"type":"text","content":"Primech Holdings Ltd (NASDAQ:PMEC)SINGAPORE, SINGAPORE, March 30, 2026 /EINPresswire.com/ -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Company”), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, provides a financial and corporate update coincident with the filing of the Company’s financial results for the six months ended September 30, 2025. Financial Highlights: ● Revenue was approximately $38.1 million for the six months ended September 30, 2025, representing a 3.0% increase from the same period in 2024; ● Gross Profit Margin decreased from 22.5% for the six months ended September 30, 2024, to 18.3% for the six months ended September 30, 2025; ● Sales and marketing expenses decreased from approximately $1.4 million for the six months ended September 30, 2024 to approximately $0.4 million for the six months ended September 30, 2025. ● Loss from operations remain at similar level of approximately $1.0 million for the six months ended September 30, 2025 and 2024. ● Net loss was approximately $1.0 million and $1.3 million for the six months ended September 30, 2025, and the six months ended September 30, 2024, respectively. Operational and Corporate Highlights: ● Primech AI achieved several key milestones during the year, reinforcing its position as an emerging leader in robotics and smart facilities solutions. The company showcased and launched the latest Hytron model at CMS Berlin, one of the world’s premier cleaning and hygiene exhibitions, marking a significant step in its international expansion. Featuring a new matte black and metallic silver design, the upgraded Hytron reflects Primech AI’s continued focus on innovation and product excellence. Primech AI was also named a winner in the Robotics, Building Services and Facilities category at the Singapore Business Review Technology Excellence Awards 2025, affirming its technological leadership. In addition, Primech AI was honoured to present its solutions at the Global Innovation Summit 2025, hosted by Enterprise Singapore, further strengthening its industry recognition and global visibility. ● Primech’s subsidiary, Primech A & P Pte. Ltd. (“Primech A&P”), was conferred the prestigious Champion of Good 2025, the highest level of recognition under the Company of Good initiative ...