STI Holdings reported a 192 percent surge in net income to P241.2 million in the third quarter of its fiscal year , or the three-month period ending March 31, 2022, from the P82.6 million it posted in the same period last year.
For the nine-month period ended March 31, 2022, STI Holdings’ net income registered a huge turnaround to P297.2 million from a net loss of P31.4 million in the same period last year. The Group’s improved performance comes on the back of an 18 percent increase in its overall enrollment to 82,629 students for SY 2021-2022 from 70,223 in SY 2020-2021.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
STI income nearly triples in fiscal Q3 | VG CabuagSTI Education Systems Holdings Inc., the Tanco-led company that owns the country’s largest chain of schools, said its income for its fiscal third quarter ending March 31 almost tripled to P241.2 million from last year’s P82.55 million. Gross revenues grew 34 percent to P793.81 million from last year’s P589.85 million.…
Source: BusinessMirror - 🏆 19. / 59 Read more »
STI income nearly triples in fiscal Q3 | VG CabuagSTI Education Systems Holdings Inc., the Tanco-led company that owns the country’s largest chain of schools, said its income for its fiscal third quarter ending March 31 almost tripled to P241.2 million from last year’s P82.55 million. Gross revenues grew 34 percent to P793.81 million from last year’s P589.85 million.…
Source: BusinessMirror - 🏆 19. / 59 Read more »
SWS: 43% of Filipino families still see themselves as poorALMOST half of Filipino families in the country have considered themselves “poor,” according to the latest survey conducted by the Social Weather Stations (SWS).In its survey...
Source: sunstaronline - 🏆 18. / 59 Read more »
242 wanted persons nabbed in Bicol in 20 daysPolice have arrested 242 wanted criminals in the Bicol region in almost three weeks. 'The crackdown on the most wanted persons resulted...
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Making the case against bad profits via shrinkflation and the case for customer love - BusinessWorld OnlineIN MANY PARTS of the world, inflation is climbing quickly, including in the US, where I live and where inflation is now north of 8%. But even that official number seems to understate the issue. Everywhere is evidence of “shrinkflation,” the practice of getting less for the same price. Sit down at a restaurant and […]
Source: bworldph - 🏆 9. / 68 Read more »
Axelum boosts profit with higher pricesAxelum Resources Corporation, the country’s leading fully-integrated manufacturer of premium coconut products, reported a 25 percent growth in net income to P181.93 million in the first quarter of 2022 from P145.6 million in the same period last year.
Source: manilabulletin - 🏆 25. / 51 Read more »