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.
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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.
