SISB's Student Enrollment Expected to Slow, Weigh on Earnings -- Market Talk

0840 GMT - SISB's student enrollment is set to slow this year, likely weighing on earnings, says CGS International's Pornthipa Rayabsangduan in a note. The Thai international school operator cut its guidance for its student numbers in 2026 to 4,600 from 4,800, partly due to competition and fewer Chinese students, the analyst says. She reckons the revised target could still be difficult to achieve, and reduces her estimate by 3.7%-4.8% to 4,430 in 2026 and 4,620 in 2027. She expects SISB's 2026-2027 earnings per share to contract at a 8.2% compound annual rate. CGS International trims its target price to 9.60 baht from 11.30 baht and retains a hold rating. Shares decline 1.6% to 9.00 baht. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

September 02, 2026 04:40 ET (08:40 GMT)