Business Online, a leading online information service provider in Thailand, reported total revenue of US$2.5 million in the first half of 2015, down by 10% year-on-year. Meanwhile, the company’s net profit increased up by 6.2% year-on-year to US$649,000 in 2015 H1.
Business Online’s core business, online information services, recorded a 3.0% drop in revenue to US$1.5 million. Overall revenue was dragged down by weak performances in the company’s other services which dropped by 29% year-on-year to US$729,000. Meanwhile, the miscellaneous income category performed well rising by 28% year-on-year to US$285,000.
Source: Business Strategies Group Hong Kong – www.bsgasia.com