% from the same period in 2018. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the

the same period in 2018. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the Company

same period in 2019. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the Company, the

million in 2Q20, decreased by 41.7% YoY and THB 5 million in 6M20, decreased by 54.5% YoY mainly due to the decrease in revenue. However, Dusit Thani College managed to reduce some expenses to alleviate the

margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and

decrease from the same period last year 78.6 million Baht or 2.9% decreasing with details of income as follows: 1. Revenue from contracts with customers is equal to 229.6 million baht decreasing from the

the customers and recognize continuously the revenues as planned whereby reduce further its debts by repaying these to the financial institutions, the debt to equity ratio may decrease further by year

continuously the revenues as planned whereby reduce further its debts by repaying these to the financial institutions, the debt to equity ratio may decrease further by year end 2017. 7 2017 MD&A: PACE

book value and near market value Payment term By cash with 90 days of credit term The reason In order to reduce outstanding of unused equipments and create maximum benefits for the Company and its

2019 which is reduce by 1.55 million baht or reduce by 87.57% the reasons behind the slightly loss in gross margin in Q1, 2020 are lower sales and production of plastic woven bags that create higher cost