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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.