CSE Global's profits up 5.8% to $11.4m

But revenue dropped 6.3% to $122m.

According to OCBC Investment Research, CSE Global Limited reported its 3Q13 results this morning, with PATMI growing 5.8% YoY to S$11.4m despite a 6.3% decline in revenue to S$122.0m.

Here's more:

Revenue came in within our expectations but bottomline missed due largely to a higher-than-estimated effective tax rate.

For 9M13, revenue fell 12.5% to S$358.1m while PATMI (before discontinued operations and one-time gains) rose 7.1% to S$36.5m. These formed 73.7% and 71.7% of our full year forecast, respectively. We will attend an analyst briefing and will provide more details thereafter.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia