Home News Results

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

The Edge Singapore
The Edge Singapore2/23/2021 05:56 PM GMT+08  • 2 min read
CSE Global reports FY2020 earnings of $28 mil, up 16.4%
As at Dec 31 2020, its order book was at $236 million.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

“Despite the uncertainties in the coming months, the group remains confident to achieve a satisfactory financial performance for 2021,” he says.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now