This was mainly attributed to lower revenues achieved in the Americas and Europe, Middle East & Africa (EMEA) regions, mainly a result of delays in orders, particularly in the oil and gas sector.
SINGAPORE (May 11): CSE Global saw earnings of $3 million in the first quarter ended March, a 45.5% decrease from earnings of $5.5 million a year ago.
Revenue fell 11.5% to $74.5 million, from $84.2 million in the same quarter last year.
