“CSE Global posted FY2025 net profit of $37.5m, up 42% y-o-y, beating our estimates and Bloomberg consensus estimates at 110% and 108% respectively, fueled by lower-than-expected admin costs and tax savings,” states both Tan and Lim.
Analysts from CGS International, RHB Bank Singapore and Maybank Securities are keeping their respective “add” and “buy” calls on CSE Global (SGX:544
) following the recent FY2025 results.
In their Feb 27 report, CGS International analysts, Tan Jie Hui and Lim Siew Khee, are maintaining a “buy” call on CSE Global with a target price of $1.50.
