CSE Global

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.

DBS Group Research analysts Chung Wei Le and Ling Lee Keng say that systems integrator CSE Global offers an “attractive entry opportunity”

CSE Global Limited has reported net profit of $5.1 million for the 3QFY2020 ended Sept 30, some 11.6% lower than net profit of $5.7 million a year ago.

DBS Group Research is maintaining its “buy” call on oil, gas and telecommunications operator CSE Global, but at a revised target price of 57 cents.

Global technology solutions provider CSE Global says its business sectors have secured $91.0 million of new orders, compared to $156.1 million secured in 3Q2019.

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

CSE Global has posted earnings of $15.1 million for 1H20 ended June, 47.7% higher than the $10.2 million logged in the corresponding period a year ago.

SINGAPORE (July 21): Technology solutions provider CSE Global says it has secured some $114.9 million of new orders in 2Q20, an 8.5% increase from the $105.9 million secured in 2Q19.

SINGAPORE (July 17): With Heliconia Capital Management, a unit of Temasek Holdings now a substantial shareholder of CSE Global, the engineering services company is now deemed to be more stable and

SINGAPORE (June 4): Market watchers are taking a second look at systems integrator CSE Global following its strong set of results for 1Q20 ended 30 March.