personal protective clothing

Search documents
Rectitude Holdings Ltd Announces Fiscal Year ended March 31, 2025 Full-Year Financial Results
Globenewswire· 2025-07-31 12:00
Core Insights - Rectitude Holdings Ltd reported financial results for the fiscal year ending March 31, 2025, highlighting a challenging earnings environment but a commitment to long-term growth through new product launches and expanded distribution [3][4]. Financial Performance - Total revenues for the fiscal year were $32.57 million, an increase from $41.35 million in the previous year, driven by higher customer demand for safety equipment due to increased construction activity [4][9]. - Cost of revenues rose to $21.61 million, influenced by the revenue increase and a shift towards higher-cost products, including the launch of the AIMS system [5][9]. - Gross profit was $10.96 million, representing a gross profit margin of 33.65%, down from 35.57% the previous year, attributed to a less favorable product mix and increased freight costs [6][9]. - Selling and marketing expenses increased to $3.57 million, primarily due to costs associated with expanding retail branches [7][9]. - Research and development expenses rose to approximately $117,000, reflecting investments in the AIMS system and virtual reality technology for safety training [10][9]. - General and administrative expenses increased to $5.61 million, driven by higher provisions for expected credit losses and other administrative costs [11][9]. - Net income for the fiscal year was $1.66 million, or $0.12 per diluted share, a decrease from $3.36 million the previous year [12][13][9]. - EBITDA decreased to $3.39 million, down from $5.88 million in the prior year, primarily due to lower net income and increased expenses [14][9]. Strategic Outlook - The company anticipates strong growth and operational performance for Fiscal Year 2026, focusing on expanding its core business and capturing value across the safety equipment supply chain [15][3]. - The successful launch of the AIMS system is expected to support customers' power needs in remote construction sites, promoting low-carbon and sustainable methods [15][3]. - The company aims to leverage its financial strength to assist traditional business owners in transitioning and expanding their operations within Southeast Asian markets [15][3]. Company Overview - Founded in 1997, Rectitude Holdings Ltd specializes in safety equipment and industrial hardware, serving a diverse range of markets in Singapore and Southeast Asia [17].
DuPont and Epicore Biosystems Collaborate to Advance Worker Safety Through Smart Wearable Technology
Prnewswire· 2025-05-20 16:21
Core Insights - Epicore Biosystems and DuPont Personal Protection have formed a collaboration to enhance worker safety and well-being through advanced sweat-sensing wearables and protective garments [1][5] - The partnership aims to leverage DuPont's expertise in protective clothing and Epicore's hydration management technology to provide data analytics and insights for worker safety [1][2] Company Overview - Epicore Biosystems specializes in digital health solutions, particularly in developing advanced sweat-sensing wearables that offer real-time personalized health insights [7] - DuPont is a global leader in innovation, providing technology-based materials and solutions across various industries, including worker safety [9] Industry Context - Rising temperatures and extreme climate conditions are leading to cognitive and physical decline in physically demanding industries, highlighting the need for personalized hydration and safety measures [2] - The 2024 OSHA Notice of Proposed Rulemaking emphasizes the regulatory focus on heat injury and illness prevention, making the integration of biometric data and personal protective equipment increasingly critical [2] Product and Technology - Epicore's Connected Hydration platform is the first smart wearable solution designed to help workers manage hydration and recovery using sweat-sensing technology [3] - The collaboration aims to combine Epicore's data-driven health monitoring with DuPont's protective clothing to create individualized strategies for worker safety in high-risk environments [3][5]