10.09% 1.2 Export sales decreased by Baht 61.13 million or 28.96%. The major decreasing came from installation income from a customer in Lao. 2. Incomes from installation pipe in the year 2019 increased

22.7% from THB 1,631mn as of 31 December 2016. Total current assets were THB 646mn, decreasing by 23.6% or THB 199mn. The decrease was primarily attributable to 1) lower cash, cash equivalents and

June 2017 and 31st March 2017 stood at Baht 635.44 million and Baht 655.42 million respectively. The decreasing in liabilities was mainly to the payment of trade payable. 2.3 Shareholders’ equity As at

stood at THB 1,974mn, an increase of THB 343mn or 21.0% from THB 1,631mn as of 31 December 2016. Total current assets were THB 635mn, decreasing by 24.9% or THB 210mn. This was primarily attributable to

decreasing profit. Financial position Assets Unit: Million Baht 30 September 2017 31 December 2016 Increase (decrease) % Variance Current assets 4,781 3,932 849 22% Non-current assets 3,393 2,937 456 16% Total

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

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 Officer PACE Development Corporation

In the year 2017, the Company had revenue from sales at 596.50 million baht increasing from the year 2016 by 5.10 million baht or 0.86 %. It was divided to export sale decreasing from the previous year

and loss account which has not yet occurred and is shown in the shareholders’ equity until the due date of such instrument in the same manner as decreasing surplus or discount of a debt instrument. (5

value and shall write-off the profit and loss account which has not yet occurred and is shown in the shareholders’ equity until the due date of such instrument in the same manner as decreasing surplus or