Monday, February 24, 2014

BOL’s revenues and profits rise in 2013

News this week: Earlier this week, Bangkok-listed business information provider, Business Online (BOL), announced its financial results for the year ended 31st December 2013. The company reported revenues of US$12 million, up 6.1% year-on-year. Net income in 2013 was US$2.8 million, representing growth of 4.1% compared with 2012. Diluted earnings per share in 2013 were Baht 0.11 (US$0.0034).

Approximately 63% of BOL’s revenues were generated through its flagship online information service amounting to US$7.8 million. This figure results a 9.2% increase over 2012. According to the company’s annual report, the remaining revenues were categorized by BOL as “other service income” and “other income”. The company did not supply details regarding these revenue categories.

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