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
franchise royalty fee from Mikka Café during the first half of 2021. 1H/2021 vs 1H/2020 Q2/2021 vs Q2/2020YoY 1H -13% Unit: Million THB Financial PerformanceSignificant EventsExecutive Summary 6 Management
% Unit: Million THB 4 Financial PerformanceSignificant EventsExecutive Summary Management Discussion & Analysis Q3/2021 124 60 340 242 Q3/20 Q3/21 9M/20 9M/21 2. Gross Profit and Gross Profit Margin: Unit
fees of Mikka Café branches. 2021 vs 2020 Q4/2021 vs Q4/2020YoY 12M -14% Unit: THB Million 4 Financial PerformanceSignificant EventsExecutive Summary Management Discussion & Analysis Q4/2021 127 112 468
25% from Q1/2021 due to the increase in average sales per pop-up store, as well as the increase in the number of catering services. Q1/2021 vs Q1/2022YoY Unit: THB Million 4 156 114 88 155 165 Q1/21 Q2
revenue from initial franchise fees and royalty fees from the Mikka Café franchise and the increase in revenue from After You dessert café franchise in Hong Kong. Q1/2022 vs Q1/2023YoY 38%Unit: THB Million
royalty fees from the Mikka Café franchise and the Hong Kong dessert café franchise. Q2/2023 vs Q2/2022YoY +36%Unit: THB Million 4 • Revenue from Dessert Café in 1H/2023 was THB 491 million, increased by
. On 31 December 2019, the Company was engaged to manage a hotel with 45 rooms in China, Dusit Thani Wetland Park Resort Nanjing. Unit: Baht million 4Q19 4Q18 Change FY19 FY18 Change Hotel business 1,009