CSE Global Limited, a global systems integrator, announced a record S$1b in new orders for the financial year 2025, marking a 28.3% increase from the previous year. The surge was primarily driven by a 118.7% year-on-year growth in the fourth quarter, with S$514.7m in new orders, largely due to heightened demand for electrification solutions in the United States.
The company’s Electrification segment led the charge, with orders rising 196.4% year-on-year to S$414.5m in the fourth quarter. This accounted for 80.5% of the total order intake during the period. Key contracts included four significant deals in the US, valued at S$348m, for the design and manufacturing of power distribution centres and integration of electrical systems for the Liquefied Natural Gas market.
The Communications segment contributed S$55.2m in new orders, representing 10.7% of the quarter’s total intake. Meanwhile, the Automation segment saw a 13.3% increase, securing S$45.1m in new orders compared to S$39.8m in the same period the previous year.
Group Managing Director and CEO Lim Boon Kheng stated, “Achieving a record level of new contract wins further affirms that our strategy is on the right trajectory.” He emphasised the importance of disciplined execution and timely delivery of contracts whilst maintaining momentum despite evolving macroeconomic and geopolitical challenges.
CSE Global concluded FY2025 with an order book of S$709.5m. The developments are not expected to materially impact the group’s net tangible assets or earnings per share for the current financial year.
