31, 2018 as follows. The net profit of the Corporate Group for Year 2018 was Baht 422.85 million. In comparison with the previous year with the net profit of Baht 411.61 million, the net profit

profit increased. Page 6 of 9 Management Discussion & Analysis Q1/2024 2. Statement of financial position Statement of Financial Position (Consolidated) December 31, 2023 March 31, 2024 Increase (Decrease

end 2017. 7 2017 MD&A: PACE Development Corporation PLC. 2017 Management Outlook and Strategy Profit generation capability of real estate business 1. Details and progress of the Company’s residential

Development Corporation PLC. 2017 Management Outlook and Strategy Profit generation capability of real estate business 1. Details and progress of the Company’s residential projects are as follows: Remark: * In

development derives mainly from higher sales revenue in 2017 and the efficient project cost management leading to higher profit outcome. Lastly, net profit is equivalent to 2 0 . 61 million THB or 9 . 22 % of

Group acquired in the third quarter. And the Group also has profit from maintenance service to outside. In addition, cost of fuel materials also decreases from cost management and efficient fuel

channel has expanded significantly, as well as effective cost management has resulted in maintaining profit margin at a good level. (2) Analysis of Operating Results and Profitability (2.1) Revenues from

be Baht 446.70 million or an increase of 33.26 percent, due to expansion of distribution channels and effective cost management having resulted in maintaining profit margin at a good level. (2

million from the first half of 2018, due to lower gains on investments and other operating income, mainly from the recognition of profit sharing from the management of impaired assets by Thai Asset

million, due mainly to the recognition of profit sharing from the management of impaired assets by Thai Asset Management Corporation (TAMC). V2 13/11/61 17:55 น. 7 Operating Expenses Million Baht Item