Mr. Yew Hock Koh, Chief Executive Officer of SISB Public Company Limited (SISB), revealed that the business outlook for the second half of 2020 is seeing an improving performance trend as Covid-19 outbreak situation in Thailand eased, leading a teaching and learning to be conducted as normal. The company will fully recognize a quarterly revenue in 4Q2020 following the school opening.
“As of present teaching and learning are gradually back to normal, therefore we are confident that business operations this year will continue as planned. We will focus on improving a potential on cost of expense management with no-layoff policy as staffs are necessarily for further business growth” said Mr. Yew Hock Koh.
Regarding the progress of “Singapore International School Thonburi campus”, the construction continues as planned with an utilization rate of more than 82%. SISB expected that the new campus total capacity would accumulate to 4,660 students and the building would be completed by August 2021.