RS upbeat on slow growth this yearDespite the prolonged Covid-19 outbreak, SET-listed RS is remaining positive about business growth this year, albeit at a slow pace. Chief financial officer Wittawat Wetchabutsakorn said the company projected its revenue to grow by 10-15% to 4-4.4 billion baht this year, down from 50% growth to 5.7 billion previously targeted. Of the total, 2.8-3 billion baht will come from commerce, with the remainder stemming from the entertainment business, he said. The company is confident its revenue for the full year will total 4-4.4 billion baht thanks to various marketing strategies, he said. Thailand's herbal export industry has grown in popularity, worth some 80 billion baht last year.

Source: Bangkok Post August 19, 2021 00:00 UTC