from the previous year or 1,762.50% 2 When comparing the financial statements for the 9 months period of the Company's income and operating results are as follows. NCL International Logistics Public

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 209/2561 November 12, 2018 Subject: Clarification of the Operating Result for the significant change Attention

increase of long-term debentures. Summary operating results The Company and its subsidiaries had net profit for the third quarter of the year 2018 of Baht 39.60 million decreased from Baht 88.28 million for

financial statement ending 30 September 2018, its cash flows before changes in operating assets and liabilities amounted to THB 315.98 Million, and its cash flows from operating activities amounted to THB 82

the Company still continues to have positive cash flows, i.e., referring the Company’s nine-month consolidated financial statement ending 30 September 2018, its cash flows before changes in operating

repayment capabilities of all borrowers, the Company consider that FP and MHNK Bespoke who are connected persons, may not able to repay loan due to the operating loss. However, both FP and MHNK Bespoke have

the greater irradiation. - Service and rental income In Quarter 3 of 2019, SAAM Group’s service and rental income, representing stable income generation from long-term contracts with clients operating

when the Board of Directors Meeting was and will be proposed to the Shareholders Meeting for the approval further. The Company would like to clarify the operating results of the Company and its

, 2019. The Company and its subsidiary had cash from operating activities amounting to 1.52 million baht and cash used in investing activities amounting to 1.77 million baht. Moreover, cash provided by

2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic