significantly from 36 mTHB to 59 mTHB (+ 60%) year on year. On the downside the project-based Golden Lime Engineering subsidiary did not generate significant revenue in Q1 2018, unlike in Q1 2017 when the

(Thailand) Co., Ltd. back to the Company, and others accordingly. The Company has planed to generate more fee base incomes in the future. Expenses The Company’s expenses mainly consist of operating and

Company generate more revenues. Please be informed accordingly. Yours Faithfully, (Ms. Natha Kittiaksorn) Chief Financial Officer PACE Development Corporation Public Company Limited Japan 23 DDCJ (Café) 18

since 2016, while the Indonesia market also began to generate early profit. Despite the positive sentiment in the oversea markets, the Company’s faced challenges from the sluggish performance in the

Business: The strategy to invade the rental market was established to generate recurring income. The income from rental in 2019 increased 30.89% from 2018 i.e. from 132.19 million THB to 173.02 million THB

operation of Asia Pacific Glass Company Limited (“APG”), which not only generate incremental revenue to the Company but also reduce the production costs of the Company’s energy drinks in bottle formats. In

efficiency. If comparing the performance excluding Gain on disposals of investments in subsidiaries The Group was able to generate a higher profit for the period attributable to equity holders than the same

trademark “Wuttisak Clinic”, which start operate the franchise business on February 10, 2018. So far we can generate income for each branch continuously. 3. Analysis of Operating Results Statements of

months of 2021, the Company aims to generate the sales volume of 8 billion THB and launch 9 new projects with the combined value of 8.5 billion THB i.e. 3 residential condominium projects and 6 single

gross profit margin increased from 42.8% in the 1st quarter of 2020 to 50.0% in the same period of 2021 from efficient cost management to generate more profit, such measures having been intensively