Friday, November 09, 2012

BOL Q3 revenue flat


News this week: Bangkok-based business information provider, Business Online (BOL), announced its financial results for the quarter ended 30th September 2012 earlier this week. Revenues for the quarter were US$3.02 million, flat with the same quarter last year. Net income was US$476,000, which is a year-on-year 12% decrease.

More than half of BOL’s revenues, US$1.7 million, were generated from other services – up 24% over the same quarter in 2011. However, the company did not specify the details of these services. Revenues generated from online information services were US$1.1 million, a drop of 25% from the same period last year.

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