CSE Global, a company listed on the Singapore Exchange, is capitalising on the megatrends of urbanisation, electrification, and artificial intelligence (AI) to drive growth. In the financial year 2024, the company’s revenue increased by 18.8% year-on-year to S$861 million, with net profit also seeing a rise. This growth is attributed to the company’s strategic focus on mission-critical solutions that support major operations such as power grids, manufacturing, and data centres.
The company’s solutions are pivotal in several areas, including electrification, where they design and integrate complex electrical distribution systems for data centres. In communications, CSE Global develops advanced network systems to enhance safety and performance. Additionally, their automation solutions include setting up safety shutdown and production control systems, ensuring seamless operations.
CSE Global recently raised S$24 million through a placement of 60 million shares. The proceeds are being utilised to further strengthen their business segments, which are expected to evolve significantly over the coming years. The company is poised to continue leveraging these industry trends to sustain its growth momentum.
The insights into CSE Global’s strategies and future plans are part of the “10 in 10” series, which provides a concise overview of SGX-listed companies through a series of management Q&As. This initiative aims to offer a deeper understanding of the company’s objectives and the broader industry landscape.
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