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Manila Bulletin devider Business devider The Stock Market devider STI earnings rise despite enrollment dip

STI earnings rise despite enrollment dip

Published Mar 5, 2026 10:26 am

Tanco-led STI Education Systems Holdings Inc. (STI Holdings) posted an 18-percent increase in net income to ₱1.08 billion in the first half of its fiscal year (FY) ending June 2026, up from the ₱912.2 million earned in the same period a year ago.

In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, March 5, the operator of one of the largest networks of private schools in the Philippines said gross revenues rose eight percent to ₱2.83 billion in the first half of the FY from ₱2.63 billion a year earlier.

STI Holdings’ total enrollment for school year (SY) 2025-2026 reached 132,941, slightly lower than the previous SY’s 139,155 enrollees. The company attributed the decline to the early start of classes in public junior and senior high schools on June 16, 2025.

STI Education Services Group (STI ESG), the company’s largest subsidiary, and STI West Negros University (STI WNU) began classes on July 28, 2025.

Enrollment in tertiary programs increased to 102,407 from 101,256 in the previous SY.

The number of students enrolled in programs regulated by the Commission on Higher Education (CHED) who chose to remain within the group’s school network rose to 73,421, 14 percent higher than the 64,429 continuing students recorded in SY 2024-2025.

STI WNU, located in Bacolod City, posted a three-percent increase in enrollment, bringing its student population to 14,890 for the current SY.

Philippine School of Business Administration (PSBA), whose schools are managed by STI ESG, recorded a 45-percent surge in enrollment to 1,583 students from 1,095 in the previous SY.

With campuses in Makati City and Cebu province, iACADEMY, known for its specialized programs in computing, business, and design, recorded 1,899 enrollees for the current SY.

STI Holdings said it remains committed to producing job-ready graduates by adopting specialized platforms for cybersecurity and computer-aided design for its criminology and information and communication technology (ICT) programs, as well as Adobe Creative Cloud licenses for its multimedia arts program.

The initiative aims to prepare students for industry-aligned certifications and enhance their competitiveness in the modern workforce.

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