The lower EBITDA was in line with the group’s lower revenue, lower gross profits, as well as higher unallocated personnel costs from lower labour utilisation caused by lower business activity.
Photo: Bloomberg
CSE Global has reported EBITDA of $10.0 million for the 1QFY2021 ended March, 22.3% lower than EBITDA of $12.9 million in the 1QFY2020.
