as at March 31, 2019 (Unit : Million Baht) Summary of the Annual Operating Result as ended 31 March 2019 Construction Income In 2019, the company and its subsidiaries’ construction income was Baht

liability under the financial lease agreement which result in the loss derived from such disposal for 2.6 million baht and acknowledged loss derived from disposal in financial statement, totally 3.50 million

Palmer & Turner (Thailand) Ltd MJD.IR.009/2562 14 May 2019 Subject : Clarification of the operating result for the year 2019 ended March 31, 2019 To : Director and Manager The Stock Exchange of

result of the Company and its subsidiaries in the first quarter of 2019 showing net loss Baht 24. 52 million resulting in a decrease in shareholders’ equity. Page 3 of 3 Yours sincerely, General

% Tooling and Metal Fabrications Segment 22.33% 20.05% Total 7.69% 19.82% The decrease in net profit margins is a result of the decline in revenue from the Special Cutting Tools segment, while the Company had

growth and included the sales of tooling to VinFast in Q1 2019, and higher interest income from loan to SGAH. Cost of sales and services decreased year-on-year as a result of lower car sales. As a

applied the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. As a result, the Company was required to record

Baht 2,556.62 million, compared with Baht 2,510.53 million as at December 31, 2018. Increased by Baht 46.09 million as a result of subsidiaries company has invested more molds for producing minibus

included the gain on exchange rate of Baht 19.12 million in the Q1/2019 compare to Baht 101.66 million in the Q1/2018, a decrease of Baht 82.54 million. Summary of the company's operating result and

administration expense • Reported net loss of THB 238mn, largely as a result of the aforementioned reasons above • Total assets as of 31 March 2019 stood at THB 53,181mn, decreased by 1.4% or THB 779mn from 31