Nanyang Online forecasts RM13m-RM15m revenue


NANYANG Online (NOL), which launches its new-look online financial magazine mFinancial eMag today, is expecting between RM13mil and RM15mil revenue in the financial year to June 30, 2004, according to NOL director and chief executive officer Cheong Chia Chieh. 

Officially the first application in Malaysia to offer up-to-date and comprehensive financial content 24 hours a day, revenue in the first year was RM1mil, RM4mil in the second year and now, in its third year, revenue had already touched RM6mil and was expected to reach RM8mil, Cheong added. 

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