CSE Global (SG:544) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
CSE Global Limited has announced a significant contract variation worth US$36.5 million to enhance power management systems for the data centre market in the Americas. This extension of their previous contract will be executed from the first quarter of 2024 to the end of 2025, aiming to double the company’s manufacturing and integration capacity to meet the growing demand for cloud services. Although this contract is not expected to materially impact the current year’s financials, it is anticipated to positively affect the company’s performance in 2024-2025.
For further insights into SG:544 stock, check out TipRanks’ Stock Analysis page.
