3 weeks ago
5
Richmond Mercurio - The Philippine Star
February 24, 2025 | 12:00am
A facade of STI College's Ortigas-Cainta branch in this photo from their website
sti.edu
MANILA, Philippines — STI Education Services Group Inc. looks to sustain its growth momentum by continuing to build new campuses while also keeping an eye for potential acquisitions.
“The last few years we hit the economies of scale, meaning any growth in the top line will go directly to the bottom line,” STI chairman Eusebio Tanco said.
“I think two or three years ago, we hit that sweet spot. That sweet spot is because of the model. We spent a lot on the model,” he said.
Tanco said the challenge for STI at present is capacity.
“We just have to build more capacity. Build more schools,” he said.
Aside from putting up new schools, Tanco said the company also remains open for acquisition opportunities.
Last year, STI took over the operations of Philippine School of Business Administration, a privately owned institution of higher learning which conducts instructional programs exclusively in business education.
The company earlier this month started construction of a new campus in Alabang which is set to be operational in 2026.
The P950-million campus will stand on a 3,266 square-meter property and is designed to accommodate up to 10,000 senior high school and college students.
It will join the growing network of STI Academic Centers nationwide, including campuses in Legazpi, Pasay- EDSA, Sta. Mesa, San Jose Del Monte, Lipa, Batangas City, Las Piñas, Calamba, Cubao, Lucena, Caloocan, Ortigas-Cainta, Novaliches, Fairview, Naga and Global City.
STI, owner of the largest network of private schools in the country, earned P912.2 million in the first half of its fiscal year ending June 30, 2025, up by 76 percent from the P517.8 million recorded in the same period the prior year.
