**Summary of Fairview International PLCs Half-Year/Interim Report (Unaudited) to 31 December 2025**
**Financial Highlights**
**Revenue Growth** Increased by 7.1% to £2.98 million (H1 2025: £2.78 million), driven by higher student enrollments and ancillary revenue streams.
**Profitability** Profit before tax surged 121.8% to £1.22 million (H1 2025: £0.55 million), and profit after tax rose 257.7% to £0.93 million (H1 2025: £0.26 million), aided by cost control and one-off IPO-related expenses in the prior period.
**Gross Profit Margin** Improved to 53.3% (H1 2025: 50.4%).
**Earnings per Share** Increased to 0.16p (H1 2025: 0.08p).
**Operational Highlights**
**Student Enrollments** 1.8% increase in student numbers, net of graduating students, with 723 students enrolled across two schools as of 2026.
**Academic Excellence** Kuala Lumpur campus ranked in the top 100 IB schools globally for the sixth consecutive year and second in Malaysia.
**Expansion Initiatives** Exploring school premises expansion in Malaysia and property development opportunities at the Johor Bahru campus.
**Strategic Partnerships** Memorandum of Understanding with Arts University Bournemouth to enhance teacher supply and collaboration.
**Business Review and Developments**
Focus on strengthening earnings from education IP and hybrid delivery capabilities.
Leveraging the Johor-Singapore Special Economic Zone (JS-SEZ) for operational and property development opportunities.
Continued assessment of expansion opportunities in Southeast Asia, Asia, and the UK.
**Outlook**
Momentum in enrollments and applications expected to continue, supported by marketing efforts and the FY26/27 academic year.
Confidence in adapting to global economic conditions and capitalizing on growth opportunities.
**Chairman’s Remarks (Daniel Chian)**
Highlighted the Group’s strong interim results, IPO milestone, and strategic focus on scalable education platforms.
Emphasized the potential for organic growth, hybrid learning models, and expansion in Southeast Asia and the UK.
**Financial Position**
Total assets increased to £27.45 million (30 June 2025: £26.07 million).
Total equity rose to £7.04 million (30 June 2025: £5.75 million), driven by net earnings and foreign exchange gains.
Debt-to-equity ratio improved to 1.51 (30 June 2025: 2.00).
**Principal Risks and Uncertainties**
Regulatorycompetitionsafeguardingoperationalexpansionpeoplecyberfinancialand fraud risks remain key concerns.
Principal uncertainty is a potential economic downturn.
**Conclusion**
Fairview International PLC demonstrated robust financial and operational performance in H1 2026, underpinned by strategic initiatives, academic excellence, and expansion opportunities. The Group is well-positioned to capitalize on growing demand for international education, particularly in Southeast Asia and the UK.