Bangkok, 5th August: Business Online (BOL), an online information service provider in Thailand, reported its financial results for the quarter ended 30th June 2022. Revenues during the quarter were US$5.3 million, a year-on-year increase of 8.0%. The company’s profits grew by 15%, reaching US$2.2 million. BOL attributed the increase in revenues to a stronger than expected performance and improvements in the overall Thai economy.

BOL also announced its results for the six months ended 30th June. Revenues in the first half of the year were US$10 million, up 6.7% year-on-year. Net profits in the six-month period increased by a robust 16%, to US$4.0 million. Diluted earnings per share during the first half of 2022 were Baht 0.169 (US$0.0048).