Data centre demand boosts CSE Global’s Q1 revenue by 29.1% to S$265.2 million
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CSE Global reported a 29.1% increase in Q1 revenue to S$265.2 million, driven by demand from the data centre industry. The electrification segment saw a 50.1% rise to S$146.3 million, while the communications segment grew 18.5% to S$68.6 million. Overall order intake surged 74.6% to S$271.2 million, with significant contributions from electrification. However, the automation segment's order intake fell 70.4% to S$16.4 million. CSE's shares rose 3.1% to S$1.69.
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