the third quarter of 2019 was 3.1%, increased from 2.5% comparing with the same period of last year. The main reasons for the increase in profit from continuing operations were mainly due to an

Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the 2nd Quarter ended 30 June 2020, which changed in revenue and net profit compared

profit in the amount of 30.73 million baht or considered as net profit margin of 9.22%, increased from last year by 9.90 million baht or 47.50% of net profit of 2017. The main reason was from an increase

. Subsequent to initial recognition, they are remeasured at fair value, gain or loss on remeasurement to fair value is recognized immediately in profit or loss. However, where derivatives qualify for hedge

of rubber which is the main raw material for production and the continuous appreciation of the Thai baht. Transaction For the Year ended 31st December Unit 2017 2016 Gross Profit Ratio % 15.60 21.05

171 million Baht. The main reason is the effect from the gain of control in 2 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless

171 million Baht. The main reason is the effect from the gain of control in subsidiaries in the consolidated statements of comprehensive income for the year ended 31 December 2017 amounting to 7,113

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

proportion than selling price increase is the main reason why net profit decrease. Graphite Electrode’s price which is a part of conversion cost increase significantly. Separate financial statement, the

fair value, gain or loss on remeasurement to fair value is recognized immediately in profit or loss. However, where derivatives qualified for hedge accounting, recognition of any resultant gain or loss