Friday, November 15, 2013

BOL profit up, revenue down

News this week: Last week, Bangkok-based business information provider, Business Online (BOL), announced its financial results for the quarter ended 30th September 2013. Revenues for the quarter were US$2.8 million, a decrease of 6.1% from the same quarter last year. Net income in the quarter was up 20%, amounting to US$568,000.

BOL also released results for the nine months ended 30th September. Revenues during this period were US$8.9 million, an 8.3% increase from the same period in 2012. However, net income dropped 8.7% year-on-year to US$1.6 million. Diluted earnings per share for the nine-month period were Baht 0.06 (US$0.0019).

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