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

CSE Global - Outlook Remains Positive, Backed By Healthy Orderbook & Pipeline Of New Projects

Published:
CSE Global (SGX:544) | SGinvestors.ioCSE Global (SGX:544)
  • 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.

  • - Read this at SGinvestors.io -
  • 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.
  • - Read this at SGinvestors.io -

Building on diversification initiatives, with a focus on electrification and communications.

  • Read more at SGinvestors.io.




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




John Cheong UOB Kay Hian Research | Heidi Mo UOB Kay Hian | https://research.uobkayhian.com/ 2024-07-08



Previous report by UOB:
2024-05-13 CSE Global - 1Q24 Revenue In Line; Steady Order Wins Reaffirm 2024 Outlook.

Price targets by other brokers at CSE Global Target Prices.

Listing of research reports at CSE Global Analyst Reports.

Relevant links:
CSE Global Share Price History,
CSE Global Announcements,
CSE Global Dividends & Corporate Actions,
CSE Global News Articles





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