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CSE GLOBAL LIMITED Capital/Financing Update 2025

Aug 6, 2025

67599_rns_2025-08-06_7169ed6a-7e14-4480-bda0-621532132711.pdf

Capital/Financing Update

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CSE Global Limited 202 Bedok South Avenue 1, Building C, #01-21, Singapore 469332 Company Registration No.: 198703851D

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NEWS RELEASE

CSE Global records S$211.3 million in new orders for 2Q2025

  • 2Q2025 order intake grew 7.8% year-on-year on a constant currency basis

  • Electrification business segment continues to account for majority of order intake

Singapore, 6 August 2025CSE Global Limited (“ CSE Global ” or the “ Group ”), a global systems integrator providing electrification, communications and automation solutions, today announced that it secured S$211.3 million of new orders in the second quarter ended 30 June 2025 (“ 2Q2025 ”), representing a year-on-year growth of 3.8%.

During the quarter, there was huge volatility in the US Dollar and Australian dollar, which had some unfavourable impact to the Group’s order intake and order book for 2Q2025. On a constant currency basis, the Group’s order intake for 2Q2025 would have reflected a year-onyear increase of 7.8% and the order book would have closed at S$605.2 million as at 30 June 2025.

Order book
(S$’000)
2Q2025 2Q2024 Change
(%)
1H2025 1H2024 Change
(%)
Opening Order
Book1
615,986 719,320 -14.4% 672,587 730,597 -7.9%
Order intake2 211,317 203,674 3.8% 366,655 378,723 -3.2%
Less: Revenue (235,419) (231,407) 1.7% (440,876) (428,879) 2.8%
FX translation (18,130) 731 N.M (24,612) 11,877 N.M
Ending Order
Book3
573,754 692,318 -17.1% 573,754 692,318 -17.1%
Order intake by
Business
Segment
(S$’000)
2Q2025 2Q2024 Change
(%)
1H2025 1H2024 Change
(%)
Electrification 94,802 89,870 5.5% 130,869 165,647 -21.0%
Communications 72,446 61,610 17.6% 136,099 114,457 18.9%
Automation 44,069 52,194 -15.6% 99,687 98,619 1.1%
Total 211,317 203,674 3.8% 366,655 378,723 -3.2%

The Electrification business segment secured S$94.8 million of new orders, which represented about 44.9% of total order intake during the quarter. In 2Q2025, the order intake for the Electrification business segment was 5.5% higher year-on-year, mainly due to higher demand from the data centre market.

The Communications business segment contributed about 34.3% of 2Q2025 total order intake and grew 17.6% year-on-year, securing S$72.4 million of new orders in 2Q2025 as compared to S$61.6 million of new orders in 2Q2024. In 2Q2025, a major contract was secured for the engineering design, installation, and ongoing maintenance of advanced communications networks for a major data centre, which is slated for execution from 2025 to 2028.

The Automation business segment clinched about S$44.1 million of new orders in 2Q2025, which constitutes 20.8% of total order intake during the quarter.

1 Opening order book is the total outstanding orders that the Group has received but has not fulfilled at the start of the specified period.

2 Order intake refers to all orders received by the Group during the specified period of time.

3 Ending order book is the total outstanding orders that the Group has received but has not fulfilled at the end of the specified period.

CSE Global Limited 202 Bedok South Avenue 1, Building C, #01-21, Singapore 469332 Company Registration No.: 198703851D

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Mr Lim Boon Kheng, Group Managing Director / Chief Executive Officer of CSE Global , said, “To optimise working capital efficiency, we are focused on strategically building our order book in the data centre and infrastructure sectors, and will reduce emphasis on water and wastewater sectors in the United States of America.”

With these new orders in 2Q2025, the Group closed 1H2025 with an order book of S$573.8 million.

The above developments are not expected to have any material impact on the consolidated net tangible assets per share or earnings per share of the Group for the current financial year. None of the directors or substantial shareholders of CSE Global has any interest, direct or indirect, in the contracts.

end of release ###

CSE Global Limited 202 Bedok South Avenue 1, Building C, #01-21, Singapore 469332 Company Registration No.: 198703851D

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About CSE Global Limited (“CSE Global”)

CSE Global is a leading systems integrator providing electrification, communications, and automation solutions across various industries globally.

At CSE Global, we pride ourselves as a trusted, lifelong partner to our customers who always has their interests at heart. Leveraging our engineering experience, technology and diverse skill sets across our global network, we design and build customised, integrated systems for our clients that solve their problems.

Our integrated systems – from electrification to communications or automation systems – sit at the heart of every infrastructure and are mission-critical in nature. With highly attuned engineering capabilities at our core, we have successfully delivered complex, large-scale projects amidst the most challenging conditions. Our technologies are designed to reduce waste, allow for greener, smarter processes and are built to last.

Listed on the Singapore Exchange since 1999 and with our presence across 15 countries, 61 offices, and more than 2,000 employees across the globe, we enjoy long-standing relationships with a sizeable customer base comprising large government organisations and renowned brands.

Over the years, we have built a workplace culture and management style that is people-centric, supportive and collaborative with employee well-being and people improvement as our key focus. Our passion for our work has resulted in a consistent profit track record for the past three decades, as we continue to pursue operational excellence to achieve sustainable growth and enhanced shareholder returns.

CSE Global – Customer Satisfaction Everytime.

Visit www.cse-global.com for more information.

Media & Investor Contact Information:

CDR

Chia Hui Kheng / Sarah Tan Tel: (65) 6534 5122 Email: [email protected]