Business Online Thailand (BOL) Revenues Drop 7.7% in 2012

Posted by Joachim Bartels | Feb 22, 2013 | Business Information, Business Online/BOL, Marketing & Sales Information, Member, Member News, Public Sector Information, Thailand, Uncategorized | 0 |

Bangkok-listed business information provider, Business Online (BOL), reported revenues of US$12 million, down 7.7% year-on-year. Net income for the year was US$2.8 million, flat compared with 2011. Diluted earnings for the period were Baht 0.11 per share.

The decrease in revenue was attributed to a drop in BOL’s “other service” segment, declining 22% to US$4.3 million. That segment represents 35% of total revenues. More than 60% of the revenues were generated from online information service activities, accounting for a total of US$7.7 million – up 1.6% over the previous year.

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

About The Author

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.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.