SISB Public Company Limited

SISB Public Company Limited, or SISB, has announced it is moving ahead with the expansion of its seventh international school under a new brand called Marina Singapore International School in Pathum Thani province, with capacity for 1,200 seats. The school will target families in the Rangsit and Pathum Thani areas and broaden access to quality international education. It is expected to open in August 2027, with education delivered responsibly through curricula and activities aligned with sustainable development goals, and the company is confident it can generate long-term growth. Chief Executive Officer Yew Hock Kow, Chief Financial and Accounting Officer Sunantha Leelasangsai, and investor relations representative Supakorn Unhaphaiboon shared the information at an Analyst Meeting on second-quarter 2026 results held recently at the company.

WEH successfully sold out its bond issue worth a total of 7,000 million baht, comprising four tranches of both general bonds and green bonds at Investment Grade level. Kiatnakin Phatra Securities acted as the underwriter, while Kiatnakin Phatra Bank served as the bond registrar and holder representative. The bonds were offered to institutional and high-net-worth investors and received a AAA rating with a stable outlook from TRIS Rating. Meanwhile, TPS launched the TALLI platform, a Thai-made AI built on the concept of unlocking AI for enterprises, enabling AI to access and use data within the rights, scope, and governance defined by each organization. It also serves as a gateway that helps organizations start using AI with their existing systems and data as efficiently as possible. SISB, for its part, is moving ahead with the expansion of its seventh international school under the new brand Marina Singapore International School in Pathum Thani Province, with capacity for 1,200 seats, targeting families in the Rangsit and Pathum Thani areas. It is expected to open in August 2570.

SISB Public Company Limited, or SISB, expressed confidence that its operating performance will continue to grow in the second half of the year following the second quarter of 2026. Chief Executive Officer Yew Hock Kow and Chief Financial Officer Sunanta Leelasangsai presented the information at an Earnings Call held on an online platform. The company stated that it will elevate the international curriculum of the group by integrating Artificial Intelligence Literacy into teaching and learning, while adjusting the Chinese Language curriculum to suit the current context, as well as providing University Counselling Services for further study at universities both domestically and abroad. The company is confident that its teaching quality, built over more than 25 years, will enable sustainable long-term growth. The event was held recently at the company.

GULF announced a strategic partnership with Singtel Group to develop subsea cable infrastructure connecting Thailand and Singapore, aiming to elevate international connectivity and strengthen the digital infrastructure readiness of both countries. The collaboration also builds on existing capabilities to meet continuously rising demand for cloud services, artificial intelligence or AI, data centers, and digital services, while expanding business opportunities to create shared value and long-term growth. Meanwhile, SISB is confident of continued growth in the second half of the year and is upgrading its curriculum by integrating Artificial Intelligence Literacy into teaching, revising its Chinese language program, and adding educational guidance services for university admission both domestically and abroad. The company believes its more than 25 years of experience will drive sustainable long-term growth. Separately, SJWD plans to offer debentures to the general public with a total value of up to 1.5 billion baht, divided into a first tranche of 3-year debentures with a coupon of 2.85% per year, offered on September 18 and September 21-22, and a second tranche of 3-year 6-month digital debentures with a coupon of 2.95% per year, offered on September 18-22. The company is highlighting its record-breaking second-quarter 2026 results, with revenue and net profit at all-time highs, as a selling point.

SISB reported its second quarter 2026 results with total revenue of 638.2 million baht, up 2.4% from the same period last year, and net profit of 200.3 million baht, maintaining a net margin of 31.4%. In the first half, total revenue was 1,275.3 million baht, net profit was 416 million baht, and net margin was 32.6%. The company adjusted its student target for the end of 2026 to 4,600 from the previous 4,800, and aims to maintain a full-year net margin close to 31%. It is also proceeding with school expansion by opening Marina Singapore International School, its seventh international school, with a capacity target of 1,200 students, a budget of 400 million baht, and an opening date of August 2027. Tuition will be about 40% lower than the main brand to tap into new markets. Meanwhile, the company has a total investment plan of 735 million baht to add 1,800 seats and develop an AI curriculum to support PISA 2029.

SISB reported a net profit of 200.30 million baht for the second quarter of 2026, with total revenue of 638.16 million baht, up 2.41 percent from the same period last year. For the first six months, total revenue was 1.275 billion baht and net profit was 416 million baht, supported by maintaining a total student count of 4,587 and efficient cost management. Chief Executive Officer Yew Hock Koh said the second-half trend remains on a growth path, with plans to expand a seventh international school under the Marina Singapore International School brand in Pathum Thani province, expected to open in August 2027.

SISB expects second-half performance to be similar to the first half, supported by rising student numbers, while keeping an eye on the Thai and Chinese economies before reviewing this year's student target of 4,800, up from around 4,600 at the end of last year. The company is also freezing tuition fees for the new academic year to ease the burden on parents. It is currently developing its seventh international school in the Rangsit area and has cash flow of approximately 1.7 to 1.8 billion baht, with no interest-bearing debt.