12th Mar 2026 15:01
(Alliance News) - Fairview International PLC on Thursday said profit in the first half of its financial year more than doubled, and it noted an "encouraging" rise in enrolments.
The London-based operator of international schools following the International Baccalaureate curriculum in Malaysia, said revenue grew by 7.1% to GBP3.0 million from GBP2.8 million a year prior.
Pretax profit doubled to GBP1.2 million from GBP545,000 a year prior, a performance the company attributes to cost control measures requiring paying less professional fees at schools and an absence of IPO expenses this time. It had reported GBP577,000 in non-recurring reorganisation and IPO expenses a year prior.
Fairview listed in London at 10 pence per share in October 2024. Fairview shares were untraded on Thursday in London, last quoted at 7.25 pence, down 28% from its IPO price.
"Fairview entered 2026 with 723 students enrolled across our two schools, representing a 1.8% increase from 1 July 2025. The increase in enrolments and applications is particularly encouraging given the additional resources we have invested in marketing our schools since the IPO," Fairview said,
By Martin Miraglia, Alliance News reporter
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