Friday, February 27, 2015

BOL revenue up, profit down in 2014

New this week: Earlier this week, Bangkok-listed business information provider, Business Online (BOL), announced its financial results for the year ended 31st December 2014. The company reported revenues of US$14 million, up 13% year-on-year. However, net income in the year decreased by 12%, down to US$2.4 million. Diluted earnings per share in 2014 were Baht 0.10 (US$0.0030).

More than half of BOL’s revenues were generated through its flagship online information service, amounting to US$7.0 million. This represents a 10% decrease from the previous year. Other service generated revenues of US$6.4 million, a growth of 59%. The remaining revenues were generated from other income, which the company did not supply details regarding these revenue categories.

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