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.
