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Consistent dividend payout and order book intake make CSE Global a worthy investment, say analysts

Amala Balakrishner
Amala Balakrishner • 4 min read
Consistent dividend payout and order book intake make CSE Global a worthy investment, say analysts
“CSE remains our preferred small-cap oil and gas pick due to its i) earnings growth potential, 2) sustained dividend and 3) padded backing,” explains CGS-CIMB analyst Cezzane See.
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SINGAPORE (Feb 29): Oil, gas and telecommunications operator CSE Global has posted earnings of $8.1 million for 4QFY2019 ended December, 60.1% up from the $5.1 million it logged in the corresponding period a year ago.

This is on the back of a 57.7% increase in revenue to $156.6 million that follows growth in income across all its geographic regions, led by the Americas and Asia-Pacific regions, the company noted in a regulatory filing on Thursday.

CSE Global engages in greenfield and brownfield oil and gas projects in the Americas and Infrastructure services ranging from security, energy and radio in Singapore and Australia.

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