Bangkok, 11th February: Business Online (BOL), a leading online information service provider in Thailand, recently released its financial results for the year ended 31st December 2021. Revenue for the year was US$19 million, representing moderate growth of 3.9% year-on-year. BOL’s net profit for the year grew 31% to US$7.0 million. Diluted earnings per share in 2021 were Baht 0.28 (US$0.0085).

More than 93% of BOL’s revenue was generated from its service business, which contributed US$18 million, representing year-on-year growth of 2.1%. The remaining revenue was generated from dividend income (US$827,000) and “other income” (US$411,000).