CSE Global has reported revenue of $159.4 million for 1QFY2023 ended March, up 35.5% y-o-y, thanks to broad-based growth across its various markets.
Its infrastructure segment showed especially strong growth, with revenue up 60.2% y-o-y.
In its business update, the company says that it secured orders worth some $159.6 million during the quarter, which brings the total to $232.3 million.
The company's group managing director Lim Boon Kheng says that the first quarter is typically a slow one.
"Despite the challenges in the operating environment, our diversification strategy has reshaped the infrastructure segment into a key revenue growth driver for the group."
"Integration of our recent acquisitions continues to be a key priority to create synergies within this business sector," he adds.
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CS Global shares closed unchanged at 34 cents on May 12.
