CSE Global (SGX:544) Full Year 2023 Results
Key Financial Results
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Revenue: S$725.1m (up 30% from FY 2022).
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Net income: S$22.5m (up 372% from FY 2022).
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Profit margin: 3.1% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue.
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EPS: S$0.037 (up from S$0.009 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CSE Global Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%.
Looking ahead, revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia.
Performance of the market in Singapore.
The company’s shares are up 1.2% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 1 warning sign for CSE Global you should be aware of.
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