STI Education Systems Holdings Inc. (STI Holdings), a leading education and investment firm owned by businessman Eusebio Tanco, said Wednesday net income
STI Education Systems Holdings Inc. , a leading education and investment firm owned by businessman Eusebio Tanco, said Wednesday net income for the fiscal year ending June 30, 2024 grew 84 percent to P1.6 billion from P873.8 million in the previous year.
New student enrollment increased 35 percent, with the addition of 55,982 new students compared to 41,565 new students last year.STI West Negros University in Bacolod City saw a 30-percent enrollment growth, reaching 13,328 students, while iACADEMY, known for its technology and design programs, maintained 2,233 enrollees.
Gross revenues of STI Holdings climbed 38 percent, totaling P4.7 billion, compared to P3.4 billion in 2023.
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