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CSE Global sees 118.8% surge in orders to $232.3 mil in 1QFY2022

Felicia Tan
Felicia Tan5/9/2022 05:59 PM GMT+08  • 2 min read
CSE Global sees 118.8% surge in orders to $232.3 mil in 1QFY2022
"We expect the revenues associated with these projects to be recognised from the second half of 2022," says group managing director Lim Boon Kheng (pictured). Photo: Albert Chua/The Edge Singapore
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CSE Global Limited has reported new orders of $232.3 million for the 1QFY2022 ended March, up 118.8% from the $106.2 million posted in the corresponding period the year before.

The figure was also around 50% of the order intake logged in FY2021.

Of the total amount, a bulk of them came from the group’s infrastructure sector, which rose 187.8% y-o-y to $110.1 million. This was mainly due to a major contract secured to provide engineering solutions for the data-centre market and higher field services orders for the wastewater market in the Americas region.

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