Published:
CSE Global order intake sinks 21.6% in Q4 2024
The order intake for the electrification business segment was 31.1% lower YoY.
CSE Global Limited secured $235.3m of new orders in the fourth quarter of 2024, a 21.6% year-on-year decrease over the same period last year.
In Q4 2024, the order intake for the electrification business segment was 31.1% lower, mainly attributed to the absence of several major electrification projects secured.
The automation business segment also declined by 7.1% to $39.8m worth of new orders.
However, the communications segment increased by 2.5%, securing $55.7m of new orders.
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