, decreased by 6.6%. As a result, the Company reported net profit of Baht 0.4 million, decreased Baht 37.9 million. Earnings per share presented at Baht 0.02. Statement of Comprehensive Income Total Revenues

the fiscal year 2017, mainly from the aforementioned in above include one-time from deferred tax asset utilization. Financial Status Assets Total assets as at the end of September 2018 was Baht 9,680

137 MTHB from 2018 due to higher distribution costs from higher export portion, plus loss from unused assets disposal. 3. In October 2019, the Company completed the dissolution of Vinythai Holding Pte

Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the year ended 31 December 2019. The details are as follows: Exhibit 1: Earnings

2019 31 December 2018 Increased (Decreased) Percentage Assets Current assets Cash and cash equivalents 76.25 212.68 (136.43) (64.15%) Short-term investments - 59.90 (59.90) (100.00%) tel:02-455-2888

Huntsman assets. 1Consolidated financials are based upon elimination of intra-company or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to

% Finance cost -0.92 -0.82 -0.10 12.2% Income tax expenses -0.94 -2.36 1.42 -60.2% Net income for period 10.49 18.78 -8.29 -44.1% Earnings per share (THB) 0.03 0.06 -0.03 2.8% YTD 2017 Financial Position

11 1.5 Overseas Restaurant Business 620 873 (253) (29.0) Others 31 52 (21) (40.2) Total 7,608 7,786 (177) (2.3) Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In 2018, the

domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore

expenses 42.73 79.69 (36.96) (46.38) 104.01 147.50 (43.49) (29.49) Administrative expenses 32.34 45.05 (12.71) (28.22) 65.37 88.52 (23.15) (26.15) Earnings before interest and taxes (EBIT) (6.69) 7.28 (13.97