PHINMA Education registered a 79 percent increase in revenues in school year (SY) 2021-2022 when it recorded the highest number of enrollees in its 18-year history.
In the SY that ended, PHINMA Education welcomed 95,503 students, a 31-percent increase from 72,746 students in SY 2020-2021. The increase in enrollment resulted in consolidated revenues of P3.79 billion.
The organization, made up of 10 schools in the Philippines and Indonesia, offers over 110 programs covering the entire education chain and boasts a 75 percent board exam passing rate for first-time takers.
The majority of PHINMA Education students come from the bottom of the pyramid and are often the first in their families to enter college.
The company said 71 percent of its graduates were able to get their first job within one year.
PHINMA Education’s Flex Learning and Remote and Distance (RaD) Learning will move to a 2-4 system of two days in-person classes and four days of remote and independent learning in the next SY.
It will distribute students’ in-person classes throughout the week to comply with the minimum public health standards.
