CSE Global’s H1 earnings rise 47.7% with newly-acquired US, Aussie units

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

CSE Global, a tech-solutions provider to the oil and gas and mining industries, saw its earnings for H1 FY2020 ended June rise 47.7 per cent to S$15.1 million, on the back of contributions from its newly-acquired units in the US and Australia. Read more at The Business Times.

The strong bottomline was a result of contributions from the Volta units and RCS, as well as robust core operations, CSE said.

CSE’s order book also grew, with H1 order intakes rising 25.7 per cent to S$242.1 million. New orders came mainly from the Americas and the Asia-Pacific across all segments. The firm’s outstanding order book grew 56.6 per cent to stand at S$293.8 million as of end-June.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Challenger’s H1 earnings rise 17%, lifted by government grantsCONSUMER electronics retailer Challenger Technologies posted a 17 per cent rise in net profit to S$9.65 million for the six months ended June, boosted by S$2.53 million in sundry income, mainly from government grants. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Glove-maker Riverstone doubles H1 earnings to RM137.5m; raises interim dividend to 4 senMALAYSIAN glove-maker Riverstone Holdings posted a 119.3-per-cent surge in net profit to RM137.5 million (S$45.27 million) for the six months ended June, driven by the spike in global demand for its health-care examination gloves, clean-room gloves and face masks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »