Financial Statement 2019

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RS changed sector under the Stock Exchange of Thailand (SET) from “Media & Publishing” to “Commerce” since March 2019 in order to be in line with a significant rising commerce revenue structure and business operation. Not only having its own products and media channels including TV, radio and online platforms, the Company also expands advertising and distribution channels through own offline platforms namely Channel 8, 3 satellite TVs and COOLfahrenheit radio station. In addition, the Company is striving to grow its online platforms including www.shop1781.com and LINE Shop, direct sales channel; also called LifestarBiz and via retail stores nationwide. This year, the Company has expanded distribution channels through advertising and selling products on other digital TV channel.

In August, BTS Group holdings PCL or BTS acquired a 6.7% stake in RS or 68 million shares from major shareholders. The partnership is intended to generate new business opportunities under commerce business and be able to expand horizontal growth in the future.