times its total foreign-currency-denominated debt. The Thai baht stood at 32.55 THB/USD at the end of 2018, easing by 0.75 percent from 32.31 THB/USD at the beginning of the year. On the domestic front
malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient
• Gross profit from sales of real estate was THB 215.8mn, decreased 24.6% YoY, and GPM was 27.9% • Total assets as of 30 June 2018 stood at THB 12,753.0mn, an increase of THB 2,295.0mn • Debt to Equity
6 December 2007 1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654
business to alleviate the revenues loss such as open new business in F&B and the development a condominium for sale under brand “Newera” which yield a good margin. The detail of performance can be described
refinance existing bank loan to reduce finance cost in the amount of Baht 4,000 Million on August 18,2017 As of the end of 2017, we had Baht 7,338.8 million of Net Interest-Bearing Debt. Our Net Interest
the business plan. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential
investment in ONE CITY CENTER (“OCC”) – grade A office building development project for a total investment value of THB 8,771.4mn. Management outlook and future projects Despite the real estate market in
-1 1 Ref. LPN/SorKor/119/2563 7th May 2020 Re: Financial Statements Analysis Report Q1/2020 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd. would like to submit the
Operating Debt to Equity (times) 0.39 0.54 0.80 (51)% 0.39 0.80 (51)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may