Investor Relations

The year 2022 is characterized by economic fluctuations and prolonged COVID-19 pandemic during the first half of the year that both consumers and businesses had to face and adapt. Inflation and rising cost of living were driven by the hike in energy prices and transportation costs. Despite the unfavorable situations, RS Group spotted a silver lining of reframing challenges as opportunities for our continuous business expansion to address changing needs of consumers in the volatile world of the new normal. RS Group has made further steps toward building the ecosystem for future growth in line with our “Life Enriching” purpose to elevate quality of living of consumers in all dimension through RS Group’s diversified businesses.

We have diversified our distribution channels to better serve our customers through the investment in ULife that operates in direct sales business for longer than 30 years. This is considered a shortcut to tap into a large direct sales platform with over 150,000 members in the network and the potential to develop premium products that meet international standards as well as acquiring famous health & beauty brands such as aviance and Beyonde.

In addition, RS Group intends to elevate the business and quality of life of pets with the development of “Lifemate” brand that offers products and services for pets of over 40 SKUs from dry food, wet food, and snacks to other pet care products. The Company also started the retail business to provide products and services for pets by establishing RS Pet All Co., Ltd. as the Company aims to seize the opportunity in the high-growth market of products and services for pets. We have set a goal for RS Pet All to become a distributor of a full range of products and services for pets in the near future.

Entertainment business continues to be the key accelerator for RS Group in the past year as the cancellation of COVID-19 control measures allowed concerts and events to resume as normal. During the latter half of 2022, our big concerts of the year received overwhelming responses while tickets were sold-out within the first hour of sales. Moreover, we began to develop online content to target younger generations to expand the customer base and generate revenue from various over-the-top platforms (OTT) to further expand business through digital channels.

RS Group has placed significance on sustainable business conduct covering economic and environmental aspects through the inclusion of risk management framework as an integral part of business strategy of the organization from the policy level driven by the Board of Directors to the Management and organization-wide implementation. We are proud to be one of the first organizations to concretely promote human rights policy by announcing “RS Diversity Policy” to offer equitable rights and benefits for employees - not limited to LGBTQ group but also extending to other diverse groups based on race, religion and physical difference etc. Because of our efforts, we were again selected by the Stock Exchange of Thailand to be included in the list of sustainable stocks or Thailand Sustainability Investment (THSI) in 2022 for the 2nd consecutive year. Also, the Company were recently certified as a member of the Thai Private Sector Collective Action Against Corruption (CAC). We take pride in the recognition which represent our commitment to grow alongside our stakeholders in a balanced manner in all dimensions.

On behalf of the Board of Directors and the Management, I would like to thank shareholders, investors, business partners, customers, government agencies and all stakeholders for your longstanding confidence and support for the Company including our executives and employees for your collective efforts and dedication in performing your duties for the Company so that we managed to thrive through the difficult time together in the past year. Please rest assured that the Company has a firm commitment to conduct our business under corporate governance principles in the best interests of shareholders and all stakeholders to attain sustainable and solid growth in the future.