Shares of CSE Global (544.SI) are soaring 3.09% in early trading on Thursday, following the company's announcement of robust third-quarter results. The systems integrator reported a significant 20.5% year-over-year increase in revenue for the quarter ended September 30, 2025.
According to the company's statement released on Wednesday after market close, CSE Global's Q3 revenue jumped to S$257.7 million, up from S$213.9 million in the same period last year. This impressive growth comes despite a 26.2% contraction in the company's order book for the nine-month period, primarily due to a lack of major electrification projects.
Investors appear to be responding positively to CSE Global's ability to drive revenue growth in a challenging environment. The company's performance demonstrates its resilience and adaptability in the face of a shrinking order book, which could be attributed to effective project execution and possibly improved profit margins. As trading continues, market participants will be closely watching for any additional insights into the company's strategy for maintaining growth momentum in the coming quarters.