BOL’s net income up 26% in Q2

Bangkok, 6th August: Earlier this week, Business Online (BOL), a leading online information service provider in Thailand, reported its financial results for the quarter ended 30th June 2019. Revenues in the quarter were US$4.4 million, a year-on-year increase of 8.2%.

The company’s net income grew by 26% reaching US$1.3 million. The company attributed the increase in profits to better than expected revenue growth and aggressive management of costs.