CSE Global (SG:544) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
CSE Global reported securing S$186.7 million in new orders for the third quarter of 2024, despite a 10.6% year-on-year decline when excluding major contracts from the previous year. The Electrification segment saw a significant drop in orders, while Communications showed a notable increase when adjusted for a major 2023 contract. The company remains optimistic about future demand driven by urbanization and digitalization.
For further insights into SG:544 stock, check out TipRanks’ Stock Analysis page.