News this week: Last week, Bangkok-based business information provider, Business Online (BOL), announced its
financial results for the first quarter of 2015. Revenues were US$2.8 million, down
16% year-on-year. Net income in the quarter was US$461,000, a drop of 13% from
the same period last year. The company did not comment on the decrease in
revenue and profit. Earnings per share in the period were Baht 0.02.
Nearly 70% of BOL’s revenues were generated from its online
information services which amounted to US$1.9 million, a year-on-year growth of
11%. Income from other services slipped 46%, down to US$885,000 in the quarter.
The company did not provide details of the various revenue categories.
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