CSE Global - UOB Kay Hian 2024-07-08: Outlook Remains Positive, Backed By Healthy Orderbook & Pipeline Of New Projects

• CSE maintains its positive outlook. Backed by an orderbook of more than S$700m and healthy order wins which grew 17% y-o-y in 1Q24, earnings could grow at a healthy rate of 11% for 2024.

CSE maintains positive outlook and commitment to growth.

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• CSE is committed to expanding its business as it sees opportunities arising on the back of megatrends such as urbanisation, electrification and decarbonisation. CSE sees promising prospects in the electrification trend as it is one of the most important strategies for reducing carbon emissions via substituting fossil-fuel sources of power with electricity generated from renewable energy sources.
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Building on diversification initiatives, with a focus on electrification and communications.

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Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2025-11-12 CSE Global - Game-changing Partnership With Amazon; Raise Target Price By 44%.

Previous report by UOB:
2025-10-23 CSE Global - Hopeful Of More Order Wins; Positive Outlook Maintained.

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Listing of research reports at CSE Global Analyst Reports.

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