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Home / Capital / Results

CSE Global's 1HFY2021 earnings down by a third, plans dividend of 1.25 cents

Results

CSE Global's 1HFY2021 earnings down by a third, plans dividend of 1.25 cents

The Editor Published on Wed, Aug 11, 2021 / 7:55 PM GMT+8

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CSE Global’s earnings for 1HFY2021 ended June 30 has dropped by a third to $10.1 million, on the back of a 8.3% decline in revenue to $234.5 million for the same period, as projects got delayed which affected revenue recognition.

Even so, group managing director Lim Boon Kheng calls the results “resilient”, given the on-going pandemic and uncertain economic outlook.

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