Business Online (BOL) total revenues were US$11.2 million, 17% year-on-year increase. BOL’s net profit also rose – up 19% year-on-year, reaching US$2.0 million. Diluted earnings per share for the year were Baht 0.09 (US$0.0025).

BOL did not comment on the reason for the increases in revenues and net profit. The company remains comparatively strong in its core business, service income generated revenues of US$10.6 million which represents a 17% increase. This accounts for more than 94% of BOL’s total revenues. The remaining revenues were generated from “other income sources”, amounting to US$591,000.

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