Mill Hill International School Thailand in Chiang Mai province, one of the businesses under Ornsirin Holding, has seen its student numbers surge to 176 from just 81 in its first year. International students account for 60 percent, covering parents from China, Myanmar, South Korea, and Europe, while the remaining 40 percent are Thai students with high purchasing power. Vice Chairman Arkadej Udomsirithamrong revealed that the international school business will start recognizing significantly higher revenue from the end of the third quarter this year and is expected to generate recurring revenue of more than 100 million baht per year. Chiang Mai province has risen to become the country's second-largest education hub, with the nationwide international school market valued in the hundreds of billions of baht. Ornsirin has already invested over 1 billion baht in the first phase, setting annual tuition fees at 400,000 to 600,000 baht to target parents seeking authentic British standards at an accessible price.
Ornsirin Holding PublicStudent enrollment surged from 81 to 176, with international students accounting for 60%, driving higher revenue expected from Q3.