BOL’s revenues up 14% in Q2

Bangkok, 6th August: Earlier this week, Business Online (BOL), a leading online information service provider in Thailand, reported its financial results for the quarter ended 30th June 2018. Revenues in the quarter grew 14%, reaching US$3.7 million. The company posted net income of US$945,000, an increase of 12% year-on-year. The company attributed the increase in revenues to the strong performance of its information services business as well as revenues from special one-off projects.

BOL also announced its results for the six-months ended 30th June. Revenues in the half year were US$6.9 million, up 4.6% year-on-year. Net profit for the six-month period grew by 10% to US$1.5 million. Diluted earnings per share were Baht 0.062 (US$0.0019) in the first half of 2018.

Sources: BOL financial result, BOL announcement