SISB Public Company Limited, or SISB, disclosed that all SISB schools, including those in Pathum Thani province, were unaffected by the flooding situation and are continuing with the construction of the new Marina Singapore International School as planned. This follows an earlier announcement of a two-day closure on September 28-29, 2026, in line with instructions from the Ministry of Education and the Office of the Private Education Commission for schools in affected areas to suspend classes. Classes have now resumed as normal, and the company has prepared emergency contingency plans using an Online Learning system, drawing on experience from the COVID-19 period. As for its student target, the company has revised it down from 4,800 to 4,600, and now expects roughly 4,400-4,500 for the full year. Amid intensifying competition in the international school market, particularly from newly opened schools that invest heavily, in the hundreds of millions to billions of baht, yet enroll fewer students than targeted, SISB is focusing on the tuition market of 300,000-500,000 baht per year rather than the 500,000-1,000,000 baht per year segment. For Marina Singapore International School, the seventh international school in Pathum Thani province, scheduled to open next year, about 30-40 applications have already been submitted. Fourth-quarter 2026 earnings are expected to be close to the prior year, and full-year revenue is expected to be flat or close to the previous year, as student numbers grew below target and no tuition increase was implemented. Net profit, meanwhile, may decline slightly due to higher expenses, particularly from investment. The company will focus on cost management and prudent operations.
SISB Public Company LimitedIntensifying competition from newly opened international schools investing heavily forces SISB to focus on the lower 300,000-500,000 baht tuition segment.
