Bangkok, 14th February: Last week, Business Online (BOL), a leading online information service provider in Thailand, announced that it recorded revenues of US$15 million for the year ended 31st December 2018, representing a 12% year-on-year increase. BOL’s net profit jumped 36% reaching US$3.2 million. Diluted earnings per share in 2018 were Baht 0.13 (US$0.0039).
More than 94% of BOL’s revenues were generated from its service income, amounting to US$14 million. This represents a year-on-year increase of 11%. The remaining revenues were generated from “other income” sources totalling US$878,000 – that is an increase of 28% year-on-year.