Education business lifts Phinma income to P1.6B

PHINMA Corp. saw its 2023 net income grow by 6.7 percent to P1.6 billion, from P1.5 billion a year earlier, following sustained growth in its education segment. Consolidated revenues spiked by 20 percent year on year to P21.3 billion, while consolidated core net income surged by 40 percent to P1.7 billion from P1.2 billion in […]

Education business lifts Phinma income to P1.6B

Education business lifts Phinma income to P1.6B thumbnail

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PHINMA Corp. saw its 2023 net income grow by 6.7 percent to P1.6 billion, from P1.5 billion a year earlier, following sustained growth in its education segment.

Consolidated revenues spiked by 20 percent year on year to P21.3 billion, while consolidated core net income surged by 40 percent to P1.7 billion from P1.2 billion in 2022.

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