, the Company recorded net Loss of 962 Million Baht. Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok

2018 2017 Items that will be reclassified subsequently to profit or loss: Surplus on land revaluation – net of tax 66,240 - 100% - - Items that will not be reclassified subsequently to profit or loss

Company has net profit attributed to owners of the parent of 987 million baht or 3.95 baht per share, showing a record growth rate of 6% y-y and 21% q-q. The financial performance can be summarized as

% 22.6% -1.7% - Basic earnings per share (Baht/share) 0.10 0.11 0.15 0.11 (0.01) (7.1) Net profit margin 4.8% 5.5% 7.6% 6.1% -0.7% - Page 2 of 6 The total revenues for the six-month ended June 30, 2019

: /1 Other administrative expenses mainly comprises of impairment of deteriorate products and allowance for doubtful account Net Profit The Company posted net profit of THB 175.13 million and THB 10.82

2019 The Company recorded a net loss of 726 million Baht (150% of total revenue) as compared to 2Q 2018 with a net profit of 217 million Baht. The main reason of the significant loss in 2Q 2019 was the

-22.05 -10.80 -11.25 -104.17 Basic Loss Per Share (Baht) -0.04 -0.03 Gross Margin 11.72% 6.85% Net Profit Margin -59.59% -14.81% Total Expenses Financial Performance of 2nd quarter for 6 months ended June

reviewed by the auditor as at June 30, 2018. The details on calculation of the value of the asset acquisition transaction are described below. Basis Formula Calculation Size 1. Net tangible asset – NTA) NTA

doubtful account Net Profit for the period The Company posted net profit for the nine months period ended 30 September 2017 and 2018 of THB 253.45 million and THB 175.31 million respectively, equivalent to a

Consolidate F/S Q3/2018 Q3/2017 Δ% Nine- Month/2018 Nine- Month/2017 Δ% Key Financial Ratios Gross profit margin 32.2% 27.6% 4.7% 29.8% 23.7% 6.1% SG&A as % to sales 30.1% 34.9% -4.8% 35.8% 33.5% 2.3% Net