tiprankstipranks

CSE Global Secures S$155.3 Million in 1Q2025 Orders with Strong Growth in Communications and Automation

Story Highlights
CSE Global Secures S$155.3 Million in 1Q2025 Orders with Strong Growth in Communications and Automation

Confident Investing Starts Here:

An announcement from CSE Global ( (SG:544) ) is now available.

CSE Global Limited announced securing S$155.3 million in new orders for the first quarter of 2025, with significant contributions from its Communications and Automation segments. The Communications segment saw a 20.4% increase in orders due to a substation radio communication project in the Asia Pacific and recent acquisitions in the USA, while Automation grew by 19.8% driven by a major contract in the oil and gas sector. However, the Electrification segment experienced a 52.4% decline due to a strategic shift towards data centers and utilities. The Group closed the quarter with an order book of S$616.0 million, reflecting its strategic focus and market adaptability.

More about CSE Global

CSE Global Limited is a global systems integrator that specializes in providing electrification, communications, and automation solutions. The company focuses on enhancing its market presence in sectors such as data centers, utilities, and the oil and gas industry, with a significant emphasis on expanding its geographic footprint, particularly in the Asia Pacific region and the USA.

YTD Price Performance: 23.32%

Average Trading Volume: 196

Technical Sentiment Signal: Sell

Current Market Cap: $233.9M

See more insights into 544 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1