Primech Ltd. Ordinary Shares Stock (NASDAQ:PMEC)


Chart

Previous Close

$0.70

52W Range

$0.52 - $2.44

50D Avg

$0.71

200D Avg

$1.07

Market Cap

$24.65M

Avg Vol (3M)

$531.33K

Beta

1.01

Div Yield

-

PMEC Company Profile


Primech Holdings Ltd. (PMEC) is a Singaporean company specializing in comprehensive facility management and stewarding services for both public and private sector clients. Its facility management division encompasses routine cleaning and maintenance for a diverse array of public and private premises. This includes major transport hubs (like airports), public spaces (such as parks, conservancy areas, and public roads), residential properties (including public housing estates and common areas of condominiums), commercial and industrial sites (offices, retail stores, factories), educational institutions, and healthcare facilities. Beyond general upkeep, Primech also provides professional housekeeping services, alongside specialized cleaning solutions like marble polishing, building façade maintenance, and clean room sanitization. Waste management and pest control complete this segment of their offerings. Furthermore, Primech delivers stewarding services, primarily focusing on kitchen hygiene and cleaning for hotels, restaurants, and healthcare facilities. This segment also involves the provision of temporary customer service officers and food and beverage staff to these same sectors. The company also manages HomeHelpy, an online platform enabling individual clients to easily book cleaning services for their homes and offices. Additionally, Primech manufactures and distributes a range of cleaning supplies, including hand soaps, dispensers, various cleaning fluids, and garbage bags, tailored for general, floor, carpet, restroom, and kitchen applications. They also market specialized treatment products for the marine industry under their D'Bond brand. Established in Singapore in 2020, Primech Holdings Ltd. operates as a subsidiary of Sapphire Universe Holdings Limited.

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Industry

Specialty Business Services

Sector

Industrials

Exchange

NASDAQ

ADR

-

Country

SG

Employees

2,744

IPO Date

Oct 09, 2023

Website

PMEC Performance


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