SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Sep 30, 2014

2. SEC Identification Number

1746

3. BIR Tax Identification No.

000-126-853-000

4. Exact name of issuer as specified in its charter

STI EDUCATION SYSTEMS HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7th Floor iACADEMY Building, 6764 Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

632 - 844-9553

9. Former name or former address, and former fiscal year, if changed since last report

JTH Davies Holdings, Inc.

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	9,904,806,924

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

STI Education Systems Holdings, Inc.STI

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Sep 30, 2014
Currency (indicate units, if applicable)	Philippine Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2014	Mar 31, 2014
Current Assets	1,274,817,330	1,025,488,146
Total Assets	9,480,872,500	8,299,103,287
Current Liabilities	1,772,626,767	912,194,435
Total Liabilities	2,436,886,468	1,170,933,292
Retained Earnings/(Deficit)	2,687,906,882	2,690,263,952
Stockholders' Equity	7,043,986,032	7,128,169,995
Stockholders' Equity - Parent	6,962,395,706	7,038,978,960
Book Value per Share	0.71	0.72

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	596,237,770	496,459,413	975,127,246	826,904,297
Other Revenue	11,405,185	92,507,763	15,962,983	296,572,610
Gross Revenue	607,642,955	588,967,176	991,090,229	1,123,476,907
Operating Expense	419,243,953	313,135,110	757,567,602	603,978,672
Other Expense	32,053,086	266,104	30,427,296	43,615,872
Gross Expense	451,297,039	313,401,214	787,994,898	647,594,544
Net Income/(Loss) Before Tax	156,345,916	275,565,962	203,095,331	475,882,363
Income Tax Expense	13,467,729	6,224,698	20,650,893	21,268,412
Net Income/(Loss) After Tax	142,878,187	269,341,264	182,444,438	454,613,951
Net Income Attributable to Parent Equity Holder	140,153,471	273,546,010	185,692,907	479,569,163
Earnings/(Loss) Per Share (Basic)	0.01	0.03	0.02	0.05
Earnings/(Loss) Per Share (Diluted)	0.01	0.03	0.02	0.05

Other Relevant Information
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