Palmer & Turner (Thailand) Ltd MJD.IR.029/2017 13 November 2017 Subject : Clarification of the operating result for the year 2017 ended September 30, 2017 To : Director and Manager The Stock Exchange

Earnings per share (Baht) 1.28 0.58 Fuel Cost 8,339.72 8,622.55 Increase (Decrease) % Quarter 3 The operating result according to the consolidated financial statements of the Company and its subsidiaries for

branch properly and efficiently. Administrative expenses Administrative expenses was 129.3 MB, an increased by 19.0 MB or 17% y-o-y as a result of the increase in processed food business which recognized

Drive industry, which supported the revenue of the Company and subsidiary in the Philippines (HP) to grow substantially as a result of increasing demands from customers since the end of 2016. Also, in Q4

expenses and doubtful accounts as a result of loss operating performance in this period. Please be informed accordingly. Sincerely Yours, - SOMKIAT VONGSAROJANA – (Mr. Somkiat Vongsarojana) Managing Director

over wholesale sales to cautiously control the overall sales credit in this channel. As a result, sales for the current period decreased slightly by 5.4%. Despite the gradual economic growth and the

Cost Q3/2017, the Company and its subsidiaries have the loan interest 21 MB increased from year 2016 in the amount of 2 MB which is the result of the Company more maintain foreign currency in FCD account

increased by 21.98 million baht or 9.61%. This was the result of rising in gains on derivatives 55.21 million baht and falling in gains on investment 35.25 million baht. 4. The Consolidated statements

improved profitability from 36.1% to 51.1%. The significant improvement of such GPM was as a result of the increase in land sale price.  The gross profit margin from the asset monetization to WHART increase

21 MB increased from year 2016 in the amount of 2 MB which is the result of the Company more maintain foreign currency in FCD account and manage the capital circulation in short-term liquidity