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CSE Global Secures S$161.7 Million Electrification Contracts in USA

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CSE Global Secures S$161.7 Million Electrification Contracts in USA

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CSE Global ( (SG:544) ) just unveiled an announcement.

CSE Global Limited has secured three significant contracts worth approximately S$161.7 million in the USA, aimed at designing and manufacturing power distribution centers and integrating complex electrical and control systems for the LNG market. These contracts, expected to be executed between 2026 and 2028, reflect the company’s robust integration capabilities and are anticipated to enhance its financial performance during this period, although they will not materially impact the current financial year’s net tangible assets or earnings per share.

The most recent analyst rating on (SG:544) stock is a Buy with a S$1.22 price target. To see the full list of analyst forecasts on CSE Global stock, see the SG:544 Stock Forecast page.

More about CSE Global

CSE Global Limited is a global systems integrator specializing in electrification, communications, and automation solutions. The company focuses on providing advanced integration capabilities across various sectors, including the Liquefied Natural Gas (LNG) market.

YTD Price Performance: 133.00%

Average Trading Volume: 7,728,196

Technical Sentiment Signal: Buy

Current Market Cap: S$666.4M

For a thorough assessment of 544 stock, go to TipRanks’ Stock Analysis page.

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