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

Posted by Joachim Bartels | Nov 15, 2013 | Business Information, Business Intelligence, Business Online/BOL, Credit Bureau Operations, Credit Information, Data Aggregation, Financial Information, Marketing & Sales Information, Member, Member News, Platforms / Workflow Tools, Public Sector Information | 0 |

Bangkok-based business information provider, Business Online (BOL), announced its financial results for the quarter ended 30^th 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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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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