Thursday, 22 May 2025, 9:46 pm

    STI earnings jump 45% on tuition hikes, enrollment boom

    STI Education Systems Holdings Inc., the country’s largest private school network operator, reported a 45 percent jump in net income to ₱1.6 billion for the first nine months of its fiscal year ending March 2025, driven by strong enrollment growth and higher tuition fees.

    In a disclosure Thursday, STI said consolidated revenue climbed 23 percent year-on-year to ₱4.13 billion, as its subsidiaries—STI Education Services Group, STI West Negros University, and iACADEMY—benefited from rising demand for their academic offerings. The group enrolled 138,060 students in school year 2024–2025, up 15 percent from the previous year.

    The company also cited a 20 percent rise in enrollees in Commission on Higher Education (CHED)-regulated programs, surpassing the 100,000-student mark, underscoring increased market penetration in the tertiary education sector.

    STI attributed the earnings boost not only to enrollment gains but also to tuition adjustments, with a 5 percent average increase implemented for new tertiary students and a 7 percent hike at WNU for all levels. These measures supported an 18 percent growth in operating income to ₱774.4 million for the third fiscal quarter alone.

    For the quarter ending March, STI posted a net income of ₱706.62 million, up 18 percent from a year earlier, as quarterly revenues rose 8 percent to ₱1.5 billion.

    The company’s fiscal calendar aligns with the academic year, running from July 1 to June 30. The solid performance reflects STI’s effective cost controls and strategic tuition pricing, bolstering its financial position amid heightened demand for accessible, quality private education.

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