CSE Global net profit rises 23.1% in Q1

Singapore

CSE Global has posted a net profit of S$7.1 million in the first quarter, up 23.1 per cent from the same period a year earlier on higher takings from the Americas and the Asia-Pacific regions.

Revenue in the three months ended March 31 was S$131.8 million, up 56 per cent from the same period a year earlier on the back of strong flow revenues and contributions from new acquisitions, it said on Tuesday.