3323 www.pacedev.com Registration No. 0107554000232 บมจ. เพซ ดีเวลลอปเมนท ์คอรป์อเรชัน่ 87/2 ซอีารซ์ ีทาวเวอร ์ออลซซีัน่เพลส ชัน้ 45 ยูนิต 3 ถนนวทิยุ แขวงลุมพนิี เขตปทมุวนั กรงุเทพฯ 10330 โทร 02 654 3344

subsidiaries paid dividend in May 2019 in the amount of Baht 1,500 million in accordance with the resolution of the Annual General Meeting of Shareholders No.1/2019 dated 18 April 2019. The Company and its

million, decreased by Baht 7.39 million or equivalent to 62.43% because the installations made according to the financial lease contract and no additional contract. Non-current provisions for employee

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factories during 2019 was THB 1,001.3 mm, which decreased by 9.2% from the same period of previous year, due to having no office rental revenue of WHABT assets in 2019. However, if excluding the impact from

such employees entitled to receive not less than 400 days’ compensation at the latest wage rate according to the Labor Protection Act (No. 7) BE 2562 moreover provision for long-term employee benefits

sales decreases 40.08%. However, the gross profit is still maintained at no less than 30%. At the same time, the income from service and rental businesses increases 42.17% from the same period of the

Financial Reporting Standard No. 16 : Lease (TFRS 16), effective 1 January 2020, has impacted the Company and its subsidiaries’ financial statement in recognizing a right-of-use asset and a lease liability in

. Another key factor in reduction in Cost of Goods Sold is the change in estimated useful life of fixed assets as disclosed in the Note to Financial Statements no. 3.3 resulting in reduction in depreciation

Financial Statements no. 3.3 resulting in reduction in depreciation cost from 1,345 Baht/ ton in Q2 2019 to 606 Baht/ton in Q2 2020. 3. Selling expenses Total selling expenses of the Company and subsidiary