PHINMA Education is set to reach more underserved students and families across Southeast Asia, coming from a fresh PHP 825-million investment from Kaizenvest, an education-focused private equity fund serving emerging markets in South and Southeast Asia. The returning investor renewed its commitment after seeing strong impact of its earlier investment, completing its share in the
PHINMA Corporation (“PHN” or the “Company”) registered a stronger topline and higher earnings in the first quarter, as strategic business units (SBUs) drove steady growth through improved sales and streamlined cost management. The Company’s consolidated revenues hit ₱6.60 billion during the period, a 21% increase from ₱5.45 billion last year, while consolidated net income rose
Leading private higher education group PHINMA Education Holdings, Inc. (‘PHINMA Education’) announced its purchase of St. Jude College (SJC) Dasmariñas Cavite in a P432-million agreement. The completion of the deal effective December 6 brings PHINMA Education’s ownership of the school to 94.62%. This also marks the company’s entry into the Cavite market and adds 3,000
PHINMA celebrated 68 years of making lives better with various outreach activities throughout November engaging employees, students, friends and community partners in key locations across the country. Over 3,000 PHINMA Heroes participated in this year’s PHINMA Reaches Out activities which included cleanups, seed potting and tree planting, blood drives, and e-waste collection. PHINMA Foundation Inc.
PHINMA Corporation’s (“PHN” or the “Company”) consolidated revenues surged to ₱6.61 billion for the third quarter of the calendar as the Company pursues more initiatives seeking to improve the lives of Filipinos. Net income attributable to equity holders of the parent was at ₱144.9 million during the said timeframe. Consolidated revenues rose to ₱16.98 billion
PHINMA Corporation will be conducting a stock rights offering (SRO) this year to support the Company’s investment and expansion opportunities to better improve more lives. The Company’s Board of Directors approved the offer consisting of ₱1 billion in primary common shares to be listed in the fourth quarter of 2024. “The stock rights offering reflects
KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under which funds managed by KKR will invest in PHINMA Education, with participation from existing shareholder Kaizenvest.
PHINMA Corporation gathered its top executives and stakeholders to celebrate the Group’s 2023 successes and discuss its plans and projections for 2024 at this year’s Annual Shareholders’ Meeting, held last April 23, 2024, Tuesday, at The Fifth at Rockwell Events Hall, Makati City. “PHINMA reported consolidated revenues of 21.27 billion pesos, climbing 20% from the
PHINMA Corporation (PHN) ended 2023 strongly with consolidated revenues of ₱21.27 billion, up by 20% from the previous year. Driven by its businesses committed to making Filipino lives better, PHN also reported its consolidated core net income rose by 40% year-on-year to ₱1.67 billion. Consolidated net income reached ₱1.63 billion, up from ₱1.53 billion in
MANILA – PHINMA gears up to create better value for Filipino families in 2023. In its first face-to-face stockholders’ meeting since the pandemic, PHINMA Corporation (PSE: PHN) talked about its accomplishments in 2022 and shared what is in store for the company and its business units this year, including allocation for approximately ₱3 billion in
As we celebrate women this special month, we talked to some women leaders in the PHINMA Group and asked them about empowerment and equity. We are glad to share the answers of our leaders, all epitomizing the strength and wisdom innate in all women. Trissa M. Menardo, Chief Strategy Officer at PHINMA Education What for
MANILA, Philippines – Philippine-based conglomerate PHINMA facilitated Private Education Towards Nation Building, a policy forum powered by its educational arm, PHINMA Education. Through presentations by Kavita Rajagopalan, Programme Director of Global Schools Forum (GSF) and Meekyung Shin, Education Specialist for Higher Education at the Asian Development Bank (ADB), the forum steered and encouraged discussion