(14) Finance Cost 5 7 (29) Net Profit 40 23 74 (Unit : Million Baht) Financial statements in which the equity method is applied Q1/2019 Q1/2018 % Change Sales and Service Income 485 467 4 Cost of Sales

) Finance Cost 10 15 (33) Net Profit 88 51 73 (Unit : Million Baht) Financial statements in which the equity method is applied Q2/2019 Q2/2018 % Change Sales and Service Income 1,001 934 7 Cost of Sales and

the equity method is applied (Unit : Million Baht) Q2/2019 Q2/2018 % Change 6 Month 2019 6 Month 2018 % Change Sales and Service Income 516 467 10 1,001 934 7 Cost of Sales and Services 412 375 10 800

of Lease Liabilities by 8.7 MB, and the increase in employee benefit obligations by 1.0 MB.  Shareholders' Equity As of June 30, 2020, the Company and its subsidiaries had total shareholder equity of

December 2019 31 December 2018 Increased (Decreased) Percentage Liabilities and shareholders’ equity Current liabilities Overdraft and short-term bank borrowings 238.95 59.18 179.77 303.77% Trade and other

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

interest bearing debts equaled to 20,336 Million Baht. Shareholders’ Equity Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini

: million Baht 30-Jun-20 31-Dec-19 Total Assets 25,964 26,400 Total Liabilities 10,049 9,219 Total Equity 6,204 7,014 Minority 9,711 10,168 Gr ou p Gr ou p HR C Gr ou p Management Discussion and Analysis

of profit from investments in associates, net - 133 (133) -100.0 Non-controlling interests of the subsidiaries (3) (3) - - Profit attributable to Equity holders of the Company 937 3,119 (2,182) -70.0

./Ton) 831 482 Unit: million Baht 30 September 2019 31 December 2018 F in a n ci a l S ta tu s Total Liabilities 2,593 5,607 Total Asset 16,303 18,824 Total Equity 13,710 13,218 The Company posted an