Business Strategies Group

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BOL records modest growth in Q3

Bangkok, 10th November: Business Online (BOL), a leading online information service provider in Thailand, released its financial results for the quarter ended 30th September 2017. Revenues in the third quarter were US$3.2 million, an increase of 3.2% year-on-year. Net profit in the quarter grew 6.0% to US$467,000.

 

At the same time, BOL also reported its results for the nine-month period ended 30th September. Revenues in the period were US$9.7 million, up 4.9% over the same period last year. The company’s net profit in the nine-month period increased 10% year-on-year, reaching US$1.9 million. Diluted earnings per share in the first nine months of 2017 were Baht 0.08 (US$0.0024).