Back 05 May 2025

CSE Global Secures S$155.3 Million in 1Q2025 New Orders, Driven by Segment Strength

Link: https://links.sgx.com/1.0.0/corporate-announcements/B9YOKSH5936ZD1Q5/69368753b67174eccbe716520d8cc7dd365fe38fb53e46df24e7b2c10f554ed8

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.