CSE Global (SG:544) has released an update.
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CSE Global Limited, a Singapore-based systems integrator, has reported a significant 16.7% increase in new orders for Q1 2024, reaching S$186.2 million, fueled by robust demand in the electrification and automation sectors within infrastructure and energy industries. The Automation business segment notably witnessed a 65.4% surge in orders due to expansions in waste treatment centers in Asia Pacific. This upswing reflects strong customer confidence and underpins expectations for continued growth in the company’s order intake throughout 2024.
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