News this week: Business Online (BOL) a Bangkok-based
business information provider, has announced its results for the quarter ended
31st March 2012. Revenues were US$2.5 million, down 10%
year-on-year. BOL’s net income in the quarter was US$438,000, an increase of 38%
compared to the same period in 2011. Diluted earnings per share in the period
were Baht 0.02.
BOL’s online information
service generated revenues of US$1.6 million – flat compared with last year and
accounted for 63% of total revenues. Other service income dropped 25% to
US$834,000 in the quarter and accounted for 34% of total revenues. The company
attributed the decrease in other service income to the higher cost of services
of a number of special projects underway.
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