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Thun Hoon: To Watch: PACE expected for a major turnaround





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Thun Hoon: To Watch: PACE expected for a major turnaround


2 February 2015

PACE is confident that this year the company will register profit as it has backlog scheduled for transfer by 7 billion baht, and aim to launch a new project within this year. In addition, the company is registering immediate revenue recognition from its gourmet food and beverage businesses after the acquisition of  Dean & DeLuca. Brokers have predicted that PACE’s revenue will turnaround this year.

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