CSE Global First Half 2024 Earnings: EPS: S$0.023 (vs S$0.018 in 1H 2023)

CSE Global (SGX:544) First Half 2024 Results

Key Financial Results

• Revenue: S$428.9m (up 23% from 1H 2023).
• Net income: S$15.0m (up 36% from 1H 2023).
• Profit margin: 3.5% (up from 3.2% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: S$0.023 (up from S$0.018 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

CSE Global Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Asia.

Performance of the market in Singapore.

The company's shares are up 9.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for CSE Global you should be aware of.

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