On the other hand, there was a 4% y-o-y decline due to some project delays in Australia and New Zealand.
Analysts from UOB Kay Hian and Maybank Securities have kept their calls and respective target prices on CSE Global (SGX:544) after the engineering firm's 1QFY2025 business update that came in largely within their expectations.
For the three months to March, CSE Global reported overall revenue of $206 million, up 4% y-o-y, thanks to stronger performance from the communications and automation segments in the Americas region.

