LISTED Far Eastern University Inc. (FEU) reported a net income of P2 billion for the fiscal year that ended May 31, 2024, a result 6.35 percent higher than last year's P1.89 billion.
LISTED Far Eastern University Inc. reported a net income of P2 billion for the fiscal year that ended May 31, 2024, a result 6.35 percent higher than last year's P1.89 billion.'The financial position of FEU and its subsidiaries remains strong, stable and well-positioned for further growth opportunities,' it told the stock exchange on Wednesday.Operating income grew 11 percent to P1.85 billion from P1.
'The school year 2023-2024 was a banner year for the group, particularly in terms of enrollment and results of operations,' FEU said.The university is offering two new programs for the current school year in Manila — Nutrition and Dietetics, and Pharmacy — that aim to address growing demand for health care professionals around the world.
Full-Year Profit Grows 6.3% To P2B
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