0739 GMT - CSE Global's earnings growth outlook remains positive, UOB Kay Hian analysts say in a research report. The technology company is hopeful of securing more major order wins by end-2025 and it's been shifting more resources to its data-center business from its automation segment in the past few months, the analysts note. It looks poised to achieve strong earnings growth of around 40% this year, partly thanks to an order book of S$574 million as of June. Also, its electrification business stands to benefit from growing data-center demand as AI adoption increases. The brokerage maintains its buy rating and target price of S$0.85 on the stock, which is 1.9% higher at S$0.79. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
October 27, 2025 03:39 ET (07:39 GMT)
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