- CSE Global's announcements a business update ahead of its 2Q25 results release. Key operational metrics were shared, with 1H25 revenue forming 51% of our full-year forecast and indicating a stable revenue and earnings on a y-o-y basis, largely in line with expectations.
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Steady order intake despite forex headwinds.
- CSE Global secured S$211.3m in new orders in 2Q25, marking a 3.8% y-o-y increase. Growth was weighed down by the unfavourable forex impact of the weaker US$ and A$.
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Electrification and communications segments post strong growth.
- The electrification segment was the largest contributor in 2Q25, securing S$94.8m in new orders (+5.5% y-o-y) or 45% of total orders. This was supported by sustained demand from the data centre market.
- The communications segment recorded S$72.4m in new orders (+17.6% y-o-y), or 34% of total orders, bolstered by contract wins for the design, installation, and maintenance of advanced communications infrastructure for a major data centre project slated for execution from 2025 to 2028.
- The automation segment remained a stable contributor, delivering S$44.1m in new orders (21% of total orders).
Growth led by data centre demand.
- Read more at SGinvestors.io.