Chinese Kids Fan Profit at Bangkok School Criticized for IPO

  • Singapore International School of Bangkok listed last year
  • Critics said school would have to focus on shareholder value

Photographer: Chandan Khanna/AFP via Getty Images

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Chinese enrollments are helping to buoy profits at Thailand’s only listed school operator.

SISB Pcl, or Singapore International School of Bangkok, sees 2018 net income at the high end of expectations in part because of a jump in Chinese student numbers, Chief Executive Officer Kelvin Koh said.