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Home / News / Results

CSE Global reports FY2020 earnings of $28 mil, up 16.4%

Results

CSE Global reports FY2020 earnings of $28 mil, up 16.4%

The Edge Singapore Published on Tue, Feb 23, 2021 / 5:56 PM GMT+8

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Engineering firm CSE Global has reported revenue of $502.8 million for FY2020, up 11.3% over FY2019. Thanks to better margins, the company’s earnings increased by 16.4% y-o-y to $28 million.

Lim Boon Kheng, group managing director calls the FY2020 numbers commendable. “However, the current market environment still presents numerous uncertainties going forward: Covid-19 pandemic, oil & gas prices and global economic outlook,” he warns.

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