Tanco-led STI Education Systems Holdings Inc. (STI Holdings), the largest network of private schools in the Philippines, reported that its net income soared 1,233 percent to P263.2 million in the first quarter of its fiscal year ending June 2025.
In a disclosure to the Philippine Stock Exchange (PSE), the company attributed the surge to the significant growth in enrollments this academic year, alongside improvements in operational efficiency, effective cost management initiatives, and sustainability investments.
STI Holdings also reported a substantial increase in gross profit, which rose from P377.7 million to P706.2 million for the first quarter period ending Sept. 30, 2023, and 2024, respectively. This represents an improvement in gross profit margins from 58 percent to 68 percent.
Total revenues reached P1 billion, 60 percent higher than the P650.6 million generated during the same period last year, largely driven by the 15 percent increase in total enrollment and an earlier start of classes for School Year (SY) 2024-2025.
The company said the growth achieved during the quarter reflects its unwavering commitment to operational excellence and its mission to deliver quality education.
It noted that its strong market position stems from the successful integration of strategic initiatives with sustainability efforts, which have contributed to improved cost efficiency across its campuses.
Total enrollment in STI Holdings' schools reached a record high of 138,060 students for SY 2024-2025. The significant growth in enrollment played a pivotal role in enhancing the company's financial performance.
Programs regulated by the Commission on Higher Education (CHED) registered a roster of more than 100,000 students — a 20 percent increase from the previous year. This jump highlighted the rising demand for higher education programs offered by STI Holdings.
To support the growing student population, STI Holdings has continued to invest in campus infrastructure.
Recent developments include property acquisitions in Alabang and Tanauan in Batangas for the construction of future STI Academic Centers, ongoing renovations across existing campuses to expand classroom capacity, and the completion of a P243.2 million School of Basic Education building at STI West Negros University (STI WNU).
STI Holdings currently operates a comprehensive education network in the Philippines through its three subsidiaries — STI Education Services Group (STI ESG), STI West Negros University (STI WNU), and iACADEMY. These institutions collectively offer a wide range of programs, from pre-elementary education to postgraduate studies, catering to thousands of students nationwide.