12:45 PM EST, 01/07/2025 (MT Newswires) -- Primech Holdings ( PMEC ) was adding more than 1% in recent Tuesday trading after the company said its Primech A&P unit has secured several new or renewed facility services contracts with a combined value of more than $3.8 million.

The company said its subsidiary signed multiple contract renewals and new deals for a variety of condominium services, including facilities maintenance and cleaning, which are expected to generate around $1.7 million in additional business.

Primech A&P also has landed almost $800,000 in business with new and returning clients in the hospitality sector in addition to a new contract valued at over $100,000 in business for extensive cleaning services at a major transportation hub.

Price: 0.76, Change: +0.01, Percent Change: +1.33