cse global

CSE Global bags three electrification contracts valued at US$124.6 million

Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and equipment

Revenue growth was mainly contributed by the company's electrification business segment, which expanded on the progressive recognition of revenue from two major projects in the Americas region secured last year.

CSE Global’s Q3 revenue swells 20.5% but order book shrinks

Its order intake is weighed down by a lack of major projects and unrepeated orders from the same year-ago period

Launched in September, the iEdge Singapore Next 50 Index tracks the 50 largest listcos after those in the Straits Times Index.

Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date

Average daily turnover for these stocks hits S$165 million in the year to Nov 4

Lim Boon Kheng, the CEO of CSE Global, believes that the company will benefit from the growing data centre industry, which will fuel strong demand for its electrification and communications solutions.

CSE Global H1 earnings up 8.5% at S$16.3 million, boosted by growth of communications business 

However, its order book for H1 fell by 17.1 per cent to S$573.8 million compared to a year ago.

Lim Boon Kheng, group managing director and chief executive officer of CSE Global, says the group will focus on the data centre and infrastructure sectors to build its order book, while  reducing emphasis on the water and wastewater sectors .

CSE Global Q2 new orders rise 3.8% to S$211.3 million

It secures US$46 million worth of major contract variations in the US data centre market from the extension of a current contract with an existing hyperscaler customer

“We estimate about 10% of the equipment sourced from Europe, Mexico and South-east Asia is likely to be impacted by tariffs, which could reduce CSE Global’s margins slightly,” says Maybank Securities analyst Jarick Seet.
BROKERS’ TAKE

Maybank lowers target price of CSE Global to S$0.58 but remains ‘top pick’

The impact from Trump tariffs will be minimal with the group’s existing US production facilities, says analyst

Lim Boon Kheng, chief executive of CSE Global, believes the group stands to benefit from the growing data centre demand in relation to its electrification and communications focused strategies.

CSE Global H2 net profit dips 1.7%, dragged by US$8 million settlement

Revenue rises 15% to S$432.3 million, mainly due to the company’s electrification segment in the Americas and Asia-Pacific regions

CSE Global chief executive Lim Boon Kheng said that he expects order intake momentum to remain robust in 2025.

CSE Global records S$235.3 million in new Q4 orders

Its ending order book for the period is down 7.9% at S$672.6 million