Business Online (BOL), an online information service provider in Thailand, reported its financial results for the quarter ended 30th June 2022. Revenues during the quarter were US$5.3 million, a year-on-year increase of 8.0%. The company’s profits grew by 15%, reaching US$2.2 million. BOL attributed the increase in revenues to a stronger than expected performance and improvements in the overall Thai economy.
BOL also announced its results for the six months ended 30th June. Revenues in the first half of the year were US$10 million, up 6.7% year-on-year. Net profits in the six-month period increased by a robust 16%, to US$4.0 million. Diluted earnings per share during the first half of 2022 were Baht 0.169 (US$0.0048).
About BOL – Business Online
BOL is the leader in business decision-making solutions of Thailand. BOL’s goal is to enable our customers with a fast and effective data, news update, analytics and data verification for an accurate decision making and providing the optimum service.
Becoming the ultimate provider of business information in Thailand. Harness leading innovations for continuous service optimization. We strive to research, develop and implement of innovative technology to offer new dimensions in analyzing business risks and opportunities for our customers. Establish maximum security for a seamless customer experience.
The security of our database and network is at the heart of our business. We aim to deliver an immediate, safe and accurate service.
Source: Business Online press release
