CSE Global (544) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 12.5% year-over-year to S$968.9 million, driven by Electrification and Communications segments, especially in the Americas region.

• Net profit increased 42.3% year-over-year to S$37.5 million, with prior year including a one-off arbitration settlement.

• Order intake reached S$1.0 billion, with a robust order book of S$709.5 million as of 31 December 2025.

• Strategic transaction with Amazon.com, Inc. to expand presence in the data centre market.

Financial highlights

• Gross profit grew 8.6% year-over-year to S$261.9 million; gross margin slightly declined to 27.0% from 28.0%.

• EBITDA increased 1.6% year-over-year to S$83.5 million; EBITDA margin at 8.6%.

• Net profit margin improved to 3.9% from 3.1% year-over-year.

• Earnings per share rose 34.5% to 5.26 Singapore cents.

• Total dividend payout for FY2025 was 2.60 Singapore cents, up 8.3% year-over-year.

Outlook and guidance

• Strong order book positions the group for healthy financial performance in 2026.

• Focus on disciplined delivery, operational excellence, and selective growth in data centre and infrastructure sectors.

• Continued investment in technology, capacity, and potential strategic acquisitions to drive long-term growth.