CSE Global Limited announced, on July 26, that it has secured $104.4 million worth of new orders in the 2QFY2021.
Of the amount, some $49.8 million of new orders were brought in by the group’s energy sector, lower than the $53.8 million that were brought in during the 2QFY2020.
The lower orders were due to delays in project awards and the slower-than-expected recovery in demand for industrial automation systems and services in the sector.
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