A look at Singapore-based CSE Global’s web page and the first impression one might get is that its fortunes are tied to the oil and gas industry. But that is not the full picture, counters group managing director and CEO Lim Boon Kheng in an interview with The Edge Singapore.
For some years, the systems integrator — which provides automation, communication and environmental solutions for industrial platforms — has been actively diversifying its revenue streams, venturing into the infrastructure as well as mining and materials space.
While contracts from the oil and gas segment are still its largest earnings contributor, the proportion of revenue from this segment is now just a little over 50%, down from 90% around two decades ago, says Lim, who joined the company in 1999 as the group financial controller.