CSE Global

Company in the news

CSE Global secures two US contracts worth US$20.8 mil

The contracts are expected to contribute positively to CSE Global’s financial performance from FY2024 to FY2027.

Results

CSE Global reports y-o-y revenue growth of $185.4 million in 3QFY2023

As at Sept 30, the company had built up an order book of $638.0 million.
CSE Global reports new orders growth of 82.9% y-o-y to $301.6 mil in 3QFY2023 - THE EDGE SINGAPORE

Company in the news

CSE Global reports new orders growth of 82.9% y-o-y to $301.6 mil in 3QFY2023

During the quarter, new orders for the company’s electrification’s business segment surged by 122% y-o-y to $188 million.

Broker's Calls

Maybank keeps 'buy' call on CSE Global, citing growing 'electrification' trend

As at Sept 30, CSE Global’s order book reached an all-time high of $638 million.

Broker's Calls

UOBKH adds Marco Polo Marine and RH Petrogas, removes Delfi, LHN Group and Yangzijiang from October alpha picks

UOBKH’s alpha picks portfolio beat the STI by 4.7 ppts, “overcoming weak investor sentiment in September”.

Broker's Calls

Analysts upgrade CSE Global after ‘superb’ 1HFY2023 results

CGS-CIMB has upgraded CSE to 'add' while Maybank has called CSE its top pick within the small and mid-cap space.

Results

CSE Global posts earnings recovery with jump of 142.8% y-o-y for 1HFY2023

The company plans to pay an interim dividend of 1.25 cents per share

Contracts

CSE Global bags two contracts worth $86.4 mil, one with Singapore government to last till 2028

The maintenance contract with the Singapore government in the infrastructure sector will commence in 2H2023 and last till 2028.
CSE’s profitability projected to surge 250% y-o-y in FY2023 on oil & gas upcycle: Maybank Securities - THE EDGE SINGAPORE

Broker's Calls

CSE’s profitability projected to surge 250% y-o-y in FY2023 on oil & gas upcycle: Maybank Securities

Corporate share-buybacks are also a possibility for this “undervalued” counter, says analyst Jarick Seet.
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