previous year, details as mentioned below. Any directors holding executive position and receive salary shall not receive any of the remuneration stated in the below table. Position Fixed Remuneration (Baht

of Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the year ended 31 December 2018. The details are as follows: Executive

: Executive Summary The operating results for the year ended 31 December 2018 were that the Company generated total revenues of 8,813 million Baht, a decrease of 457 million Baht or 5% as compared to 2017. This

-8.1%. Please be informed accordingly. Yours sincerely, Preecha Nuntnarumit (Mr.Preecha Nuntnarumit) Chief Executive Officer

: Executive Summary The operating results of the first quarter of 2019, for the three-month period ended March 31, 2019 (“Q1 2019”), the Company generated total revenue of 794 million Baht; or decrease of 36

expenses Administrative expenses consist of executive expenses and staff expenses other than sale department, office rental expenses and other management and administrative expenses. For the year ended 31st

1,468.71 321.15 Net Profit -219.22 81.35 13.33 6. Source of fund for asset acquired. The company‟s cash flow. 7. Criteria to determine the Value of Consideration. The executive committee evaluated the fair

which mention above. Please be informed accordingly. Sincerely yours, (Mr. Chung Sik Hong) Chief Executive Officer

: Executive Summary The operating results of the second quarter of 2019, for the three-month period ended June 30, 2019 (“Q2 2019”), the Company generated total revenue of 485 million Baht, decreased by 91% as

Microsoft Word - MDA_1Q18_DTC_ Eng V2.9 Dusit Thani PCL Management Discussion and Analysis For 1Q18 P a g e | 1 Executive Summary The company reported net profit of THB 230 million in 1Q18 driven