The year 2020 represents another year that the Company must operate its business in a challenging setting due to severe changes in the economy, the environment, society and corporate governance. The spread of the Covid-19 has been a particular obstacle as it poses a new challenge to life, leading to the now-familiar term "New Normal" or "new way of life" and giving way to trends like the New Normal online shopping trend. The latter meets the needs of comfort and convenience, having quick access to information at all times and effectively reducing contact. Of course, changing global trends are closely accompanied by tough competition. However, the Company believes that in the midst of a crisis, opportunities arise for development into a better future.
The Company is aware of the need to participate in sustainable business enhancement and development through elevating its operations in all areas, such as:
- Generated growth despite the variety of challenges of the past year. The performance of RS’s commerce business grew every quarter; additional income was generated from the entertainment business; investment was made in other companies and financial preparations with many financial institutions. The Company was also rated, which supports the finding of new funding sources and continuous business expansion.
- Participated in the "Sustainability Reporting Quality Promotion Program for Listed Companies 2020" to show commitment to transparent and accountable disclosure of operational information, which is good for investors and the general public. They are able to access information and follow the Company’s operations in terms of the economy, the environment, society and corporate governance.
- Organized inspiring activities for the community and society through the "Happy Balance Project", which is an activity that promotes a good quality of life in all aspects, including eating well, being well in mind and body. A range of sports equipment was given away, adding happiness to 12 communities surrounding the Company's office.
- Participated in "Old for New Paper Exchange Project" with business partners through the "Paper Merci" activity that encourages employees to learn about and understand how to separate used paper and send as much back into the recycling process as possible. There was also a change in the outbound packing boxes to a "green packaging" design to help reduce the use of production resources, costs and effects of global warming.
The cooperation of employees and management at all levels who are committed to the development of the Company in every way, with the best interests of all stakeholders throughout the business value chain in mind, will lead the Company on the path of continuous and sustainable growth.