CSE Global has secured $514.7 million worth of orders in the 4QFY2025 ended Dec 31, 118.7% higher than the $235.3 million secured in the same quarter the year before. This brought CSE Global’s total orders secured to a record high of $1 billion for the year.
The surge in orders for the last quarter was mainly driven by stronger demand for electrification solutions in the US, says the company in a Feb 16 statement.
The business segment saw orders growing by 196.4% y-o-y to $414.5 million, which represented about 80.5% of the total order intake during the quarter. Notable contracts include four contracts from the US that were worth $348 million for the design and manufacturing of power distribution centres and the integration of electrical and control systems and equipment for the liquefied natural gas (LNG) market. The contracts were also for the design, engineering, fabrication, installation and integration of power management systems and solutions for the data centre market.
In 4QFY2025, the communications business secured $55.2 million worth of new orders, accounting for 10.7% of the total order intake.
The automation business secured $45.1 million worth of new orders, contributing 8.8% of the quarter’s total intake.
The new orders in the 4QFY2025 brought CSE Global’s order book at $709.5 million as at the close of FY2025.
See also: iX Biopharma secures US$40.95 mil contract from US Department of Defense
The developments are not expected to have a material impact on the company’s consolidated net tangible assets (NTA) per share or earnings per share (EPS) for the current financial year.
Shares in CSE Global closed 3 cents higher or 2.42% up at $1.27 on Feb 16.
