increasing the efficiency of legal enforcement and investor protection and establishing a proactive policy to increase competent auditors in support of potential increase in the number of listed companies

DCORP 025/2020 May 13, 2020 Subject: Management Discussion and Analysis – Explanation of net profit for the quarter ended March 31, 2020 and the increase in the overall operations of more than 20 percent

2018 and 2017 showed a promising increase of approved auditors without any observation and a decline in the number of approved auditors with deficiencies and condition to follow-up on the next cycle. The

. (Pace One) and Pace Project Three Co., Ltd. (Pace Three) and submit to the SEC as well as publicly disclose the information within 14 days.PACE's auditor issued a disclaimer of conclusion on the

structures and details could be changed at anytime; as such the potential impact can actually be assessed when the company reaches conclusion on proper structure or the SEC approves fund establishment.In this

SEC as well as publicly disclose the information within 14 days. PACE’s auditor issued a disclaimer of conclusion on the consolidated statement of comprehensive income for Q2 and Q3/2017 on the basis

year mainly due to: 1.1) Revenue from selling of electricity increase 23.91 million baht or 100% due to the Company recognized revenue from Saraburi Solar Farm Project. 1.2) Revenue from Sales decrease

THB37.82 million from the same period of last year or about 80.33% increase but recorded the net loss of THB168.96 million compared to the net loss of THB108.91 million from the same period of last year in

84.69 75.27 Total revenues of the Company and the Company’s subsidiaries in the consolidated financial statements for the year end period of December 31, 2017 was THB 540.98 million, an increase of THB 29

operating performance. Revenue from Sales for Q2/2021 and Q2/2020 was 654.38 million baht and 538.14 million baht, respectively. It increase 116.24 million baht or 21.60% when compared with Q2/ 2020. The