The ending order book is the total outstanding orders that the group has received but not fulfilled at the end of the specified period.
The group's order book by business segment is as follows. Its communications business segment secured $63.7 million new orders in 1QFY2025, up 20.4% y-o-y. This accounts for about 41% of the group's total order intake for the quarter.
This is attributable to a substation radio communication enhancement project secured in the Asia Pacific region and orders from recent acquisitions that have expanded the group's communications business's geographic footprint and market coverage in the USA.
The automation business, which contributes about 35.8% of total order intake for the quarter saw $55.6 million new orders, a 19.8% y-o-y increase. This is due to a large contract valued at approximately $13.1 million for a chemical injection skid primarily used in the oil and gas industry in the USA.
See also: Creative guides for ‘similar level of operating loss’ for 2HFY2025
Meanwhile, the group's electrification business saw a 52.4% y-o-y decrease to $36.1 million new orders. This is due to the decline in orders from the municipal market, arising from the strategic shift to focus on the data centre and utility markets.
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