PHINMA Corp. is exploring expansion opportunities for its education unit in Davao and Cebu as part of a strategy to broaden its footprint in the sector.
The company chairman said there has long been an aspiration to establish a school in Davao, alongside a plan to serve lower-income communities in the Cebu area.
The existing Cebu campus currently caters to the middle-income segment, creating a gap the company aims to fill with a new institution for lower-income students.
The executive confirmed that Davao and Cebu are the two primary locations under active consideration.
The company also remains open to expansion in Baguio, though earlier acquisition attempts in the area were unsuccessful.
He noted that if a viable opportunity emerges in Baguio, the group would likely renew its interest in entering that market.
In March, the education arm acquired Southeastern College, marking its 12th institution in the Philippines and 14th across Southeast Asia.
The acquisition expanded the PHINMA Saint Jude College network with a new campus in Pasay.
The education unit entered the sector in 2004 with the purchase of a university in Nueva Ecija and now serves roughly 178,000 students in the Philippines and Indonesia.
Its Philippine network spans institutions in Manila, Quezon City, Cavite, Pangasinan, Iloilo, Laguna, Cagayan de Oro, and Cebu, among others.
Two universities in Indonesia round out the company’s regional presence.
In the first quarter, the education arm reported P2.34 billion in consolidated revenue and P1.13 billion in net income, buoyed by a 12% enrollment increase for the second semester of School Year 2025-2026.
Shares of PHINMA Corp. closed 2.57% higher at P15.18 each on Monday at the local stock exchange.
