Analysts from CGS-CIMB Research, DBS Group Research and UOB Kay Hian have kept “add” or “buy” on CSE Global after the engineering firm reported 1.9% lower revenue y-o-y of $2.3 million for the 3QFY2021 ended September.

For the 3QFY2021, CSE Global’s EBITDA fell 19.2% y-o-y to $33.5 million, which stood in line with CGS-CIMB and UOB Kay Hian’s expectations.

Meanwhile, DBS deemed the firm’s EBITDA for the 3QFY2021 as slightly below expectations.

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