BOL’s profit grows 24% in Q3

Bangkok, 12th November: Business Online (BOL), a leading online information service provider in Thailand, reported its financial results for the quarter ended 30th September 2021. Revenues in the quarter were US$5.5 million, a year-on-year increase of 4.4%. In addition, the company’s net profit posted of US$2.3 million, representing a 24% increase compared with the same period last year.

The Bangkok-listed company attributed the increase in revenues to a boom its corporate data sales division. In addition, a drop in operating costs help BOL to boost its bottom line.