English | 简体中文 | 繁體中文 | 한국어 | 日本語
Saturday, 20 February 2021, 10:00 HKT/SGT
Share:
    

Source: Rojukiss International PCL
Rojukiss International PCL (SET: KISS) embraces future as Asian health & beauty leader
- February 19 debut on Stock Exchange of Thailand (SET)

BANGKOK, Feb 20, 2021 - (ACN Newswire) - Rojukiss International PCL (SET: KISS), an innovator in health and beauty and creator of brands 'Rojukiss', 'PhDerma', 'Best Korea', 'Wonder Herb' and 'Sis2Sis', will move forward with its expansion plans following today's listing on the Stock Exchange of Thailand (SET). The Company is underlining its potential in the health and beauty industry, having invested in the creation of distinctive and innovative brands with wide-ranging consumer appeal as well as technology such as Mobile Skin Analysis, with both domestic and international sales channels, while setting goals for growth with a 3 billion baht revenue target for FY2024.




Ms Worrawan Chaikamnerd, Chief Executive Officer of Rojukiss International (KISS), spoke at the opening of SET trading (Feb 19) of the Company's vision to become an Asian leader in the health and beauty sector, a "True Health and Beauty Company" targeting revenue of 3 billion baht in FY2024, or average revenue growth of 20% per year from FY2019.

"The Company plans a budget of 300 million to invest both domestically and internationally. We will invest 100 million baht in the development and marketing of new products and brands in Thailand, such as hair tinting shampoo and supplementary health products under the Rojukiss brand, and skincare products under the new Wonder Herb brand.

"We will invest another 100 million baht to develop products and brands for direct-to-consumer (D2C) marketing in a new joint venture with GMM Grammy PCL. We will invest 50 million baht in digital and technology development to leverage the introduction of our innovations with consumers, such as our mobile skin analysis platform, which can identify suitable products for particular types of skin, offering the products immediately through E-commerce.

"Finally, 50 million baht will be invested in ASEAN markets in cooperation with local partners and marketing experts where the health and beauty products have the highest growth potential, particularly in Indonesia and Vietnam. We have studied the possibility of setting up a joint venture with a local company in Indonesia while expanding the online marketing business for beauty products in Vietnam."

Ms Veena Lertnimitr, Executive VP & Head of Investment Banking at Siam Commercial Bank Plc., the financial advisor and underwriter, said the ability to develop distinctive new products as well as its position as an asset-light organization with a world-class partnership network were conducive to innovation to meet the changing needs of consumers. This has made KISS a company with high growth potential, despite COVID-19, with a net profit ratio of 17% in 2019 and 19% in the first nine months of 2020. We are fully confident in sustainable growth for KISS.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Rojukiss International PCL.
Wasana "Jeab" Wongsiri, T: +66 84 359 0659, E: [email protected].


Topic: IPO
Sectors: Daily Finance, Cosmetics & Spec.Chem
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Former Head of Operations of Binance Global Fiat Exchanges becomes COO of BitWell  
Mar 4, 2021 13:00 HKT/SGT
A&S Group assisted in vaccines air freight forwarding ground handling services to support anti-virus measures actively   
Mar 4, 2021 11:45 HKT/SGT
APOLLOMICS, INC ANNOUNCES SUCCESSFUL ENROLLMENT OF FIRST PATIENT INTO PHASE 1 CLINICAL TRIAL OF APL-106 (UPROLESELAN INJECTION) IN CHINA  
Mar 4, 2021 11:30 HKT/SGT
Alvotech and Cipla Gulf Expand Partnership for Commercialization of Biosimilars in Australia and New Zealand  
Mar 4, 2021 10:26 HKT/SGT
Launch of Digital Week 2021: Northeast Asia April Virtual Conference  
Mar 4, 2021 10:18 HKT/SGT
Engineers Worldwide Today are Building a Sustainable Tomorrow  
Mar 4, 2021 10:00 HKT/SGT
Eisai to Support Construction of Screening Framework for the Novel Coronavirus Infection in Kenya  
Mar 4, 2021 08:12 HKT/SGT
Chiseikan Dojo in Kyoto Grand Opening Event: "When in danger, how can you best protect yourself?"  
Mar 4, 2021 06:00 HKT/SGT
Group Ten Drills High-Grade Nickel Sulphide in 455 Meters of Continuous Palladium, Platinum, Rhodium, Gold, Copper, and Cobalt Mineralization at the Stillwater West Project in Montana, USA  
Mar 4, 2021 06:00 HKT/SGT
Billboard Hot 100 #1 Hit of the Year Band Member Partners with UREEQA  
Mar 4, 2021 03:30 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575