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05 May 2025
CSE Global Secures S$155.3 Million in 1Q2025 New Orders, Driven by Segment Strength
Summary:
- CSE Global secured a total of S$155.3 million in new orders during the first quarter ended 31 March 2025.
- The Communications business segment was the largest contributor, securing S$63.7 million, approximately 41.0% of the total new orders.
- The Automation business segment contributed S$55.6 million (35.8%), including a significant S$13.1 million contract for a chemical injection skid in the USA.
- The Electrification business segment secured S$36.1 million in new orders, representing 23.2% of the total intake for the quarter.
- As a result of the strong order intake, the Group's order book stood at S$616.0 million at the end of 1Q2025.