Business Strategies Group

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BOL posts decrease in revenues and profits in Q1

Bangkok, 14th May: Business Online (BOL), a leading online business information service provider in Thailand, also reported its financial results for the quarter ended 31st March 2024. The company recorded revenues of US$5.0 million for the quarter, representing a decrease of 3.9% year-on-year.

BOL’s net profits for the three-month period dropped 4.2% to US$1.8 million. Diluted earnings per share in the first quarter of 2024 were Baht 0.08 (US$0.0022).