On 17 November 2022, CSE Global Ltd (“CSE”) have announced their third quarter business updates. In honesty there was not much business updates to take note of so this post used a lot of 2022Q2 figures for analysis. It can be seen that they have been hit by the unfavorable macro-economic conditions which directly affected their bottom lines and financial position. For further details, do refer to the below.

Background

CSE is a Singapore-based technology company, which offers total integrated solutions to industries in the automation, telecommunications and environmental sectors. The Company is engaged in the business of systems integration solution and the provision of computer network systems.

The Company operates through Process Controls and Communications & Security segments. The Process Controls segment provides process control solutions that utilize supervisory control and data acquisition systems