Safe & green holdings reports first quarter 2024 results and provides a business update

$8 million in new business at sg echo subsidiary; anticipates cash flow positivity at the factory in 2024 cost-saving initiatives expected to save $2.5 million in annualized expenses to be recognized in 2024 miami, may 17, 2024 (globe newswire) -- safe & green holdings corp. (nasdaq: sgbx) (“safe & green holdings” or the “company”), a leading developer, designer, and fabricator of modular structures, reported results for the three months ended march 31, 2024. recent highlights: received an expanded scope of work for a contract with a government contractor to refurbish 19 container modules for a major u.s. agency, adding an extra $1 million to build 11 additional military office containers.
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