CSE Global (544) Q1 2026 TU earnings summary

Executive summary

• 1Q2026 revenue rose 29.1% YoY to S$265.2m, led by Electrification and stronger Americas contribution; order intake increased 74.6% to S$271.2m.

• Order book reached S$716.0m at 31 March 2026, up 16.2% YoY, supporting expectations for healthy FY2026 performance amid market uncertainty.

Financial highlights

• Revenue increased from S$205.5m in 1Q2025 to S$265.2m in 1Q2026, up 29.1% YoY.

• Order intake was S$271.2m, up 74.6% YoY; order book was S$716.0m at 31 March 2026, up 16.2% YoY.

Outlook and guidance

• Priorities include strong project execution, operational excellence, prudent cost management and selective, quality-driven tendering.

• Engineering capabilities and technology solutions will be expanded to pursue opportunities in urbanisation, electrification and decarbonisation; data centre demand is expected to support Electrification and Communications.