Business Strategies Group

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BOL’s revenue and profit down in Q2

Bangkok, 8th August: Earlier this month, Business Online (BOL), an online information service provider in Thailand, reported its financial results for the quarter ended 30th June 2024. Revenues during the quarter were US$5.4 million, a year-on-year decrease of 8.6%. The company’s profits dropped by 4.9%, amounting at US$2.2 million.

BOL also announced its results for the six months ended 30th June. Revenues in the first half of 2024 were US$10 million, down 6.4% year-on-year. Net profits in the six-month period decreased by 4.6%, down to US$3.98 million. Diluted earnings per share during the first half of the year were Baht 0.18 (US$0.0049).