CSE Global 2Q 2025: S$211.3 Million in New Orders, Order Book at S$573.8 Million
Link: https://links.sgx.com/1.0.0/corporate-announcements/LDM215O8CE8SNRWD/f61790412076e94e6aa8325fc61f716e7642ef45e800ad2957ec81adec078dae
Summary:
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New orders for 2Q 2025 grew 3.8% year-on-year to S$211.3 million; on constant currency basis, growth was 7.8%.
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Electrification business contributed about 44.9% of order intake, rising on strong demand from the data centre market.
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Communications business accounted for 34.3% of the total, growing 17.6% year-on-year, supported by a major data centre project contract.
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Automation segment made up 20.8% of new orders.
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Order book at 30 June 2025 closed at S$573.8 million, down 17.1% year-on-year.
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Company aims to focus on data centre and infrastructure sectors for order book growth, reducing emphasis on water and wastewater in the US.
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The latest contract wins and developments are not expected to have a material impact on the Group’s financials for the year.