totaling to USD 688 million or called “Initial Purchase Price” plus Contingency amount to 10% of the Initial Purchase Price which totaling to USD 69 million). The purpose of the ERU project is to supply
discontinued of the operation has been recognized in the profit and loss statement 2 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless
from the backlog had been recognized in Q4/2020. Moreover, the sales campaigns at the beginning of the year are not well-received as usual as a consequence of the COVID-19 pandemic. Regarding the income
management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in
above. 6) GS can distribute water supply to user and reservoir can maintain an average water for distribution not less than 24,000 cubic metre per day and expected to be operated within the end of second
recognized income according to the construction contract from the constructor of IRPC-CP Phase 1 for Baht 66 million as the company did in Q3/2017. When comparing the net profit of Q4/2017 to Q4/2016, it
of hydro project in Lao PDR Nam Che 1 hydro power plant (Run of the river) with an installed capacity of 15 MW commenced COD on June 1, 2019 to supply electricity to Electricity du Laos (EDL) under a
approximately 42 percent – 52 percent during the period between 2017 and 2015, including the fact that PCCA’s manufacturing plant has been certified by international standards. Should PCCA manufacture and supply
been certified by international standards. Should PCCA manufacture and supply more products, PCCA will be in a position to generate profits, which are expected to be supported by the integrated benefits
RBF MDA En Q319_12.11.19 R&B Food Supply Public Company Limited 12 November 2019 Re Management Discussion and Analysis for the 9 month period ended 30 September, 2019 Attn. The President The Stock