BOL Thailand Q2 2012 Revenues Down, Profits Up

Posted by Joachim Bartels | Aug 17, 2012 | Business Online/BOL, Credit Information, Credit Scoring & Decision System, Debt Collection and Recovery, Marketing & Sales Information, Member, Member News, Platforms / Workflow Tools, Public Sector Information, Thailand | 0 |

Business Online (BOL), Bangkok-based business information provider, has reported on financial results for the quarter ended 30^th June 2012. Revenues for the quarter were US$2.8 million, a decrease of 7.3% over the same period last year. Profits for the period were US$850,000, up 13% from last year.

For the six months ended 30^th June, revenues were US$5.2 million. That is a decrease of 9% over the first half of 2011. Approximately 67% of revenues or US$3.5 million were generated from its online information services. Net income in the first half was US$1.3 million, a jump of 20% over H1 last year. BOL’s management reported that diluted earnings for the first half were Baht 0.05 (US$0.0016) per share.

Source: Business Strategies Group Hong Kong

BOL is a Member of BIIA

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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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