shorter for faster disbursements. And also to compensate the Annual Budget Expenses that was announced late in the previous period. The Company foresees the opportunities from stimulating expenses through
, representing a decrease of 369. 4 MB or 17. 7% because in Q2- 2021, the Company has completed and delivered more large projects than the projects delivered in Q2-2022. The total operating expenses in Q2-2022 had
affected by the COVID–19 outbreak. However, the Company’s revenues generate from large projects that have continued its operation since 2019. Moreover, most of the customers are government agencies and state
1 August 17, 2018 Subject: Capital Increase for Offering for Sale to Specific Investors (Private Placement), Connected Transaction, Amendments to Articles of Association/Objectives of the Company and
the year have slightly decreased when compared to 2022. However, the revenue of 2023, the Company received projects with a smaller project value than those in 2022, causing it to put more effort in
)% Administrative expenses 82.5 74.8 93.7 (7.7) (10.3)% (11.2) (12.0)% Revenues and Costs of Sales and Services The results of operations of the Company in Q3-2017, with revenues from sales and installation and
6 December 2007 1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654
relatively high delivery project value. Furthermore, in Q2–2020, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers change their work methods and slow down their operation
expenditure of state enterprises is likely to expand, which will be a key player to stimulate the economy in the long term. In Q2–2020, the company’s total revenue slightly decreased form Q1–2020, representing