“For the first quarter of 2022, the main markets of CTS Global Equity experienced high market volatility,” the company said in a disclosure.“Breaking down the company’s revenues into the markets which it operates in shows majority of revenues coming from the Philippine market at 57.2%, while global trading revenues contributed 42.8% of total revenues,” it added.
Meanwhile, CTS Global reported that its net margins improved to 52.4% during the quarter from 32.3% for the same period in 2021.
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