interest payment of Baht 1.76 million. (2.7) Financial Ratios Financial Ratios As at March 31, 2018 As at December 31, 2017 Current Ratio (Times) 1.58 1.30 Quick Ratio (Times) 0.82 0.65 Cash flow Liquidity

debt, while shareholders’ equity equal to 952.5 million baht. The Company debt to equity ratio stood at 1.67 times and the interest bearing-debt to equity ratio is 1.40 times. Thus, you have been

decrease of 36%. The Company's total assets were recorded at THB 49,796 million, with total liabilities of THB 31,247 million and total shareholders' equity of THB 18,549 million. Debt to Equity Ratio (D/E

decreased the THB 620 million of debts in terms of financial institutions and debenture together with minimizing the impacts from full loan guarantee provided to Power Plant business and its high debt

performance. Financial Ratio Consolidated financial statement 2019 Q1/2020 NET PROFIT (%) 17.28 4.91 EBIT (%) 22.47 7.35 EBITDA (%) 31.05 10.17 ROE (%) 18.60 15.45 EPS (Baht/Share) 0.20 0.15 Consolidated

meeting to assess the impact of the COVID-19 on the economy and the Thai financial markets and voted to cut the policy rate further by 0.25% from 1.00% to 0.75% to ease the debt burden of SME and consumers

from debt instruments, equity instruments, equity to retirement mutual funds (RMF) and long-term equity funds (LTF). 4.4 LH Bank Privilege Banking Service is a new service to privileged financial service

repayment of Bond in upcoming maturity which will reflect to the debt to equity ratio decreasing by year end 2017. Please be informed accordingly. Yours Faithfully, (Ms. Natha Kittiaksorn) Chief Financial

which will reflect to the debt to equity ratio decreasing by year end 2017. Please be informed accordingly. Yours Faithfully, (Ms. Natha Kittiaksorn) Chief Financial Officer PACE Development Corporation

Net Profit Margin (%) 2.17 2.34 2.02 Current Ratio (Times) 1.33 1.34 1.33 Debt to Equity Ratio (Times) 2.27 2.16 2.26 Book Value per Share (Baht) 2.11 2.16 2.16 Net Profit per Share (Baht) 0.40 0.46