Analysts from DBS Group Holdings, CGS-CIMB Research, and RHB Research have maintained their “add” or “buy” calls following CSE Global’s 1H20 results.

KGI Securities analyst Joel Ng, on the other hand, has downgraded the stock to “neutral” due to the company’s strong 1H20 results being already priced in its current valuations.

On Aug 5, CSE Global reported a 53.4% y-o-y increase in net profit to $15.1million for 1H20, and a 25.7% y-o-y growth in its order intake to $242.1 million for the same period.

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