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SET Symbol RS
Last Done 0.18 THB
Change -
% Change -%
Volume 287,526
Day's Range 0.17 - 0.18
52 Weeks' Range 0.15 - 0.90
Updated 25 Feb 2026 16:36

Company’s Business

Company’s Business

RS Public Company Limited (“RS” or “Company”) was founded in 1976, starting from an integrated music business before being converted into a public company and listed on the Stock Exchange of Thailand in 2003 with a registered capital of 560 million baht. The Company subsequently changed its name to “RS Public Company Limited”. As of 31 December 2024, the Company’s issued and paid-up capital was 2,181,218,062 shares, with a par value of 0.5 baht per share.

The Company has expanded continuously under “Entertainmerce” business model with following 2core businesses.

1. Commerce Business

The Company focuses on the development and distribution of health, beauty, and lifestyle products under the concept of being a “Wellbeing Partner.” This business comprises the following segments:

  1. 1. RS Livewell: A health and beauty product business featuring the Company’s in-house brands such as Well-U, Vitanature+,Lifemate, Darling&Co., Namprik Pak Thong, B-Booty, and TellmeDarling.
  2. 2. RS Mall: A multi-commerce platform serving as the distribution channel for a wide range of the Company’s products. RS Mall operates through television (home shopping), radio, and online platforms. It also collaborates with manufacturers and importers of high-quality products to offer consumers a wider variety of choices.
  3. 3. ULife: A direct selling business operating under a Multi-Level Marketing (MLM) model, focusing on health products whileexpanding its consumer and sales network. ULife targets mid-to-premium customers and is developing a Subscription Model to ensure recurring revenue and business sustainability.
  4. 4. Erb: A leading Thai brand in fragrances and skincare, offering premium body care products, home fragrances, and spa services.
  5. 5. Hato Pet Wellness: A fully integrated pet wellness business that includes both products and services for pet health, as well as a veterinary hospital.

RS remains committed to developing both its entertainment and commerce businesses to continuously expand its customer base, enhance business value, and create new market opportunities.

2. Entertainment Business

With over 40 years of experience in the media and entertainment industry, RS has continuously developed and expanded its businessto offer diverse forms of entertainment that resonate with today’s digital consumers. The Company’s operations include:

2.1 Media and Platform Business: RS owns and operates the popular television station "Channel 8" and radio station "Cool Fahrenheit". The Company has also expanded to online platforms such as Facebook, YouTube, and other digital channels to increase audience reach and engagement.

2.2 Music and Intellectual Property Business: RS continues to manage and commercialize its extensive music catalog, which includes the rights to over 13,000 music titles. The Company creates new songs tailored to various listener segments and generates revenue through streaming platforms, royalties, artist management, and music marketing—including using music to engage brands, create advertising jingles, and commercialize music rights.

2.3 Showbiz and Entertainment Events Business: RS expands its business opportunities by organizing concerts, music festivals, and entertainment events to build on its media and music businesses. These events also serve as powerful marketing tools for partner brands.

Vision

Passion to Win

Core Purpose

Life Enriching

Core Values

OWN

Give all, think as an entrepreneur and aim for shared goals.

Fight

Eager to conquer, fail fast and fail forward to drive organization forward every second.

Learn

Enjoy discovering new things to overcome all challenges with creativity.

Win Together

Focus on mutual benefits and collaborate with others to win and succeed together.

5-Year Business Direction

RS is an organization that conducts business with ‘opportunities’ and is always adaptive to change to create business opportunities by focusing on market leadership, continual investment in the business to sustain its commerce business and adopting Entertainmerce Model and expanding to other related businesses. The revenue contribution from new businesses is to increase significantly, strengthening the Company’s total revenue and net operating profit.

Material changes and developments

Year

Material changes and developments

2024

March

- Expanded international market by exporting VitaNature+ brand through distributor in the Philippines in collaboration with OCBFF

July

- Upgraded and developed entertainment business direction beyond previous scope by organizing national-level festival Samui Pride Nation 2024, enhancing diversity and creating memorable experiences for audiences in Festival Event format

August

- Strengthened commerce business potential through Content to Commerce model by forming strategic partnership and launching new product “Namprik Pak Thong” that meets consumer needs in all dimensions

September

- Extended Content to Commerce model with Star Commerce strategy by launching new product under Bbooty brand, a cosmetic product that is high quality, modern, and meets demand in rapidly growing market

- Changed par value of shares from 1 baht per share to 0.50 baht per share to increase liquidity and support business expansion, allowing wider share distribution among investors

October

- Extended Content to Commerce model with Brand Collaboration strategy by launching co-branded product with Tellme under brand Tellme Darling, a beauty and lifestyle brand for the new generation

2023

February

- Chet Asia Public Company Limited (CHASE), an associated company, successfully listed on the Stock Exchange of Thailand

March

- Partnered with GMM Grammy to establish joint venture Across The Universe, co-creating a phenomenon in the Thai music industry through a 3-year collaboration and organizing 3 major concerts in 2023

April

- Upgraded news content and developed new news program by launching “Lui Chon Khao”, hosted by renowned Thai news anchor Khun Phutth Aphivan

July

- Collaborated with Universal Music Group (UMG), a world-leading music label, to form a strategic partnership enhancing the value of RS’s legacy music rights and expanding into future joint projects and related businesses

September

- Expanded pet-related business by investing in Pet Medical Group (Hato), a specialist in preventive programs, operating as a full-service pet wellness center and animal hospital

November

- Launched new T-Pop music label ‘BRIQ Entertainment’ as a creative space for the new generation to express individuality, talent, and diversity

2022

February

- Included in the list of Thailand Sustainability Investment (THSI) for the second consecutive year

April

- Acquired 100% of Unilever Life Co., Ltd. (ULife), a direct selling business, to strengthen distribution channels and product development. ULife is considered a high-potential distribution platform under RS Group

Revenue structure

Revenue by business 2022 2023 2024
Amount
(Million Baht)
Proportion (%) Amount
(Million Baht)
Proportion (%) Amount
(Million Baht)
Proportion (%)
Commerce Business 1,714.5 48.5 1,431.7 39.2 1,314.9 49.1
Entertainment Business 1,805.5 51.1 2,217.8 60.8 1,363.7 50.9
Others 12.7 0.4 0.8 0.0 0.0 0.0
Total Revenue 3,532.7 100 3,650.4 100 2,678.8 100

Product Information

1. Commerce

2. Entertainment Business

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