CSE Global clinches S$161.7 million US LNG electrification deals, boosting 2026–2028 earnings visibility
Link: https://links.sgx.com/1.0.0/corporate-announcements/RBTLFP3VSB1LW9P5/a5a59f6c815f6ec2a6a0af27b95bf5d12e9a8aad79e7ad6d4ce9bafd85d1ed68
Summary:
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CSE Global has secured three major US contracts worth US$124.6 million (about S$161.7 million) for power distribution centres and integrated electrical and control systems serving the LNG market.
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The projects will be executed between 2026 and 2028 and are expected to contribute positively to the Group’s financial performance over those years.
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Management says the wins underscore CSE’s electrification integration capabilities and the strong demand backdrop in the US LNG sector.
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The deals are not expected to materially affect net tangible assets or earnings per share for the current financial year.
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No directors or substantial shareholders have any direct or indirect interest in the contracts.