News this week: Last week, Bangkok-based
business information provider, Business
Online (BOL), reported its financial results for the quarter ended 30th
June 2013. Revenues for the
quarter were US$3.4 million, an increase of 20% over the same period last year. However, net profit for the period was down by 32% to US$587,000.
BOL also released
its results for the six months ended 30th June. Revenues in the first
half were US$6.2 million, a 16% increase compared
with the first half of 2012.
More than half of the company’s
revenues, or US$3.6 million,
were generated from its online information services. The remaining revenues were generated from its “other services” and “other income” segments.
The company posted
a net income of US$1.1 million in the first half, which was down 19% compared with 2012. BOL’s management reported that
diluted earnings per share for
the six-month period were Baht 0.04
(US$0.0013).
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