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BOL (Business Online Thailand Q3 2013 Profits Up – Revenue down 6.1%

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.

More than half of BOL’s revenues were generated from its online information service amounting to US$1.6 million, up 41% over the same quarter in 2012. The remaining revenues were generated from other services which dropped 43% year-on-year, where the company did not specify the details of these services.

Source:  Business Strategies Group Hong Kong  –  www.bsgasia.com

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