Cosmetics firm sets B3-billion revenue target for 2024, as shares rise 55% on debut
Executives of Rojukiss International Plc and the Stock Exchange of Thailand executives kick off the company’s first trading day on Friday.
Rojukiss International Plc (KISS), a cosmetics and skincare marketer and contract manufacturer, aims to become Asia’s health and beauty innovation leader and reach 3 billion baht in revenues by 2024, chief executive Worrawan Chaikamnerd said on its first trading day on the Stock Exchange of Thailand (SET) on Friday.
KISS shares opened at 15 baht, up 66.67% from the IPO price of 9 baht, and closed at 14 baht, a gain of 55.6%, in heavy turnover worth 7.57 billion baht.
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