STI 9-month profit nearly doubles to P1B

By Brix Lelis

May 22, 2024 12:34 am

STI Education Systems Holdings Inc. saw earnings almost double to P1.1 billion for the nine months ending March 2024 from P579.3 million a year earlier, driven by high enrollment figures.

Gross revenues grew 38 percent to P3.4 billion from the P2.4 billion, the listed education firm said in a disclosure on Tuesday.

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