CSE Global (SG:544) has released an update.
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CSE Global Limited experienced a significant upswing in its 1H2024 order book, reaching S$692.3 million, marking a 32.7% increase from the previous year, largely due to advancements in electrification, digitalisation, and sustainability trends. The company secured S$204.4 million in new orders during the second quarter of 2024, a modest growth of 2.5% year-on-year when excluding one-off contracts from the previous year’s figures. With increased technical resources and production capacity, particularly for data centre projects, CSE Global anticipates a sustained order momentum into the latter half of the year.
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