1,139.78 1,300.01 1,163.97 (Reversal Of) Expected Credit Losses 5,200.83 4,094.63 1,676.43 1,245.49 Net Income before Tax 7,796.93 6,486.85 7,297.22 7,387.11 Net Profit : Owners Of The Parent 6,318.05

comprehensive income (loss) attributable to owners of the parent Operating Profit (Loss) EBIT Net Profit (Loss) Total Comprehensive income for ther period 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2-2020

according to Thai Accounting standard No.12 “Income tax”. However as at 30 September 2017, the Company still has retained deficit to be applied within 5 years from the loss year in the amount of 19.39 million

) 0.1 - (100.0%) 100.0% (10.9) (1.4) (87.2%) Other income 1.5 14.4 2.9 (79.9%) 93.3% 13.1 22.0 67.9% Profit before expenses 567.9 498.8 502.1 0.7% (11.6%) 1,597.4 1,452.9 (9.0%) Administrative expenses

dated November 10, 2018 approved the Company’s Interim Financial Information ending September 30, 2018. The Company would like to clarify the nine-month period ended September 30, 2018 earnings results

/2019 dated November 7, 2019 approved the Company’s Interim Financial Information ending September 30, 2019. The Company would like to clarify the nine-month period ended September 30, 2019 earnings

with 9M16, which was in line with sales increased. As a result, the Company reported net profit of Baht 33.7 million or increased Baht 5.3 million, compared with 9M16. Earnings per share was Baht 1.58

Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the year ended 31 December 2019. The details are as follows: Exhibit 1: Earnings

. Also, the Company could claim the entire privilege, therefore, the corporate income tax expense of the Company for the year 2016 was only Baht 0.43 million.  Net profits Net profit for the year 2015 and

194.67 (104) (53.42) Earnings per share (Baht per share) 0.08 0.25 (0.17) (68.00) Net Profit The company and subsidiaries realized net profit as of the fiscal year 2014, ended as of December 31, 2014 of