On 9 November 2023, CSE Global Ltd (“CSE”) have announced their 2023 third quarter business update. It is a short update, mainly on the revenue section. Although the increase for the quarter 2023Q3 is smaller than previous, overall they still see increases of more than 30%. A good sign of recovery.
Worth noting in 2023Q4, there have been some changes in the shareholdings. The Group Managing Director and Chief Executive Officer of CSE Global had increased his shareholdings while substantial shareholders have decreased their stakes. These may be early indicators of what the financial performance will be for FY2023.
Photo source: 5 things I like about CSE Global
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
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