Investor Relations

Material changes and developments

January

The Company continued to expand its pet healthcare network by launching Hato Animal Hospital, Phatthanakan Branch, to meet the growing market demand. The new branch offers comprehensive services with a team of specialized veterinarians, aiming to elevate the standard of pet healthcare effectively.

March

Hato Animal Hospital, Thepharak Branch, commenced operations in a strategic area experiencing continuous growth in family and urban communities. This expansion enhances revenue potential and broadens access to new customer bases in Bangkok and surrounding provinces.

April

Erb Spa opened a new branch at Central World, one of Bangkok’s prime business and tourism hubs. This expansion enhances access to urban customers and international visitors while strengthening the brand’s premium positioning. The new branch marks an important milestone that supports the company’s continued growth into the future.

The Company restructured its corporate governance to align with good corporate governance practices. At the 2/2025 Board of Directors meeting held on 30 April 2025, Mr. Chakkrit Parapuntakul was appointed as Chairman of the Board, serving as an independent director with no shareholding or management interest. Mr. Surachai Chetchotisak continues to serve as Chief Executive Officer. The Board currently comprises seven directors with diverse expertise and experience, providing strong support to drive the Company’s operations efficiently and sustainably.

May

Due to the inability of the Company and its subsidiaries to comply with certain loan covenants, the Stock Exchange of Thailand placed a CB (Caution – Business) mark on RS securities. On 19 May 2025, the Company implemented a systematic remedial plan as follows:

1. Cost management and expense control: The Company restructured its workforce to improve agility, reduce overlapping positions, enhance staff capabilities, optimize office space usage, and maintain efficient marketing and advertising budgets throughout the year.
2. Focus on core business: The Company reviewed its operational focus to concentrate on highpotential businesses, resulting in the divestment of non-core assets. In October 2025, RS Lifewell Co., Ltd., a subsidiary, sold assets related to the Lifemate business, totaling over THB 50 million. This divestment aims to streamline the business structure, strengthen core operations, and support long-term growth. Other non-core business units are currently under negotiation to reach agreements that maximize benefits and align with the Company’s growth strategy.
3. Debt restructuring: The Company is negotiating with financial institutions to determine appropriate debt restructuring measures. Some portions of the debt were successfully restructured last year, while the remaining portions are under ongoing discussions, reflecting strong cooperation and shared commitment to effectively resolve financial obligations.

June

ULife enhanced its “Entrepreneur” role by transitioning to a “Health Partner,” providing health consulting services to deliver valuable experiences to consumers and support long-term growth in the health and beauty sector.

July

The program “Khon Dang Nang Clear” achieved over 1 billion YouTube views in the first half of the year, demonstrating success in content engagement and digital audience expansion, enhancing revenue potential for RS Group’s content business.

Well u launched Advanced Collagen Type II 6 in 1 x Kate Thanthup, a dietary supplement designed to support joint and skin health. The product campaign with Kate Thanthup expanded brand awareness and reached health-conscious consumers.

Aviance introduced SKINMUNE DE-STRESS OVERNIGHT MASK, an overnight mask that protects and rejuvenates skin from stress and environmental factors, catering to consumers seeking intensive skincare and reinforcing the brand’s innovation positioning.

Erb launched Aroma Inhaler Series, a natural aromatherapy inhaler that promotes relaxation and emotional balance, highlighting Erb’s expertise in fragrance and addressing the growing preventive health trend.

August

Erb expanded its market through a brand collaboration with COF and COW cafe, redesigning the cafe to reflect the Erb brand identity and offering product trials. Five special menu items were created to translate product scents into flavors, enhancing brand experience marketing and attracting high-potential consumers.

September

ULife under RS Group, celebrated its 25^th anniversary, reflecting its commitment to innovation in health and beauty, and its sustained role as a value-creating leader for consumers, partners, and society.

Hato launched Stem Cell Banking for Pets, enhancing the Company’s Pet Health business with advanced scientific services to meet the growing demand for comprehensive and sustainable pet care.

Material changes and developments

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

Partnered with Universal Music Group (UMG), a leading global record label to set up RS UMG with RS holding 30% of shares for a strategic collaboration to create value added for copyrights of old songs of RS and build on the music business to other businesses and projects in the future.

RS acquired Unilever Life Direct Sales business and established RS Connect to expand and strengthen the commerce business ecosystem. RS also launched Popcoin, a smart marketing platform, to enable seamless operations between commerce and entertainment businesses.

M&A and JV are RS Group's key strategies in 2021. Via a partnership arm, RSX, the company explores fast-growing sectors with goals of value synergy and exponential growth. On the other hand, Lifestar taps the mass product market with 2 star brands: well u and CAMU C.

A momentous year for RS with a striking brand overhaul to 'RS Group' to declare the company's new era of Entertainmerce and mark its onward evolution at its brand-new headquarter. Lifestar continued its growing portfolio. Channel 8, Coolism, and RS Music remained market leaders and acted as key boosters for commercial growth.

RS's commerce business consistently exceeded growth milestones. Shop1781 transformed into RS Mall. The company switched from 'Media & Publishing' to 'Commerce' in the stock exchange category.

The company embarked on a strategic migration towards commerce business by leveraging media assets to unlock direct-to-consumer engagement and sales transactions. Development of customer fulfillment backbones became RS’s focal point.

A pivotal year, RS further scaled its commerce business with a rapid 600% revenue growth from the previous year - validating the unique business model that utilizes media and entertainment capabilities to drive D2C sales conversion. Increased customer database, analytical tools, and scaling-up of the fulfillment team all contributed to the remarkable success.

RS advanced into the health and beauty sector with Lifestar, a product and service company - unveiling key brands like Magique, Gravitas, Revive, and Noble White.

Channel 8 became an official digital TV while Sabaidee TV and Channel 2 remain satellite TV leaders. Cool Celsius 91.5 evolved into COOL Fahrenheit 93 and continued to be Thailand’s no.1 easy-listening radio channel and a brand with loyal following. Meanwhile, RS made its first move in the health and beauty sector.

Having established a strong foothold in multiple media arenas, RS became a total media and entertainment company. Sky-High Network was rebranded to Coolism and Cool Celsius 91.5 Radio brand was born.

RS leaped into the satellite TV business launching YOU Channel and Sabaidee TV, and followed up with Channel 8 and Yaak TV (later Channel 2) just 2 years later.

The company revamped a company logo to commemorate its 25th anniversary and established RS International Broadcasting & Sports Management and RS I Dream to pursue sports and show business, notably FIFA World Cup Football 2010, 2014, and UEFA Euro 2008.

RS became listed in the Stock Exchange of Thailand under the ticker symbol RS and became RS Public Company Limited.

RS raised the broadcast radio industry bar with Sky-High Network - which produced quality radio programs and launched affiliated radio stations such as 88.5 Z POP We Like for Gen-Z and 98 Cool FM.

Shadow Entertainment and MagicAdvertainment were established under RS as notable contenders in the television industry producing notable game shows, variety programs, music videos, and TV dramas.

RS Film - a subsidiary production house made a name for itself in the Thai film industry with successful debuts of classics such as ‘Romantic Blue’ or Lohk Thang Bai Hai Naai Khon Diao, which won the company numerous awards and continuous limelight.

The company moved into its first proclaimed headquarter in Ladprao - rebranded as RS Promotion 1992, and marked its pivotal point of becoming a full-fledged entertainment company.

RS ventured into the music business targeting teen audience under RS Sound with popular own artists such as Inthanin, Keereeboon, Fruity, Six Senses, Brandy, and Rainbow.

The two brothers, Kriangkrai and Surachai Chetchotisak founded RS as Rose Sound - a humble family-run jukebox and record label business with just a 50,000 baht investment.