period of last year, it showed a loss of Baht 916.24 million. Signature___________________________ (Mr.Chatchai Pokogwai) Position Managing Director Authorized to sign on behalf of the company

หน้า 1 จาก 1 Translation August 13, 2019 Subject: Management explanation and analysis for Quarter ended 30 June 2019 Attn: The Managing Director, the Stock Exchange of Thailand Pacific Pipe Public

จดหมายชี้แจงq262e August 14, 2019 The Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis for three month Ending 30 June 2019 Summary on Second Quarter

for employee benefits of Baht 24.97 million in the consolidated financial statements. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director

operating loss of Baht 41.15 million. Compared to the same period of last year, it showed a loss of Baht 68.67 million. Signature___________________________ (Mr.Chatchai Pokogwai) Position Managing Director

of sales. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign behalf of the company

. Please be informed accordingly. Sincerely Yours, ( Mr. Nipon Leelasithorn ) Chairman of the Executive Director, and Managing Director

committed to the stability, safety and consider to all interested persons. Sincerely Yours, Mr.Thakoon Boonparn Managing Director

mil. baht to 32.5 mil. baht. Earnings per share dropped from 2.74 baht to 1.82 baht. Please be informed accordingly. Yours sincerely, Araya Tejanant Managing Director

expenses and cost effectiveness. 4. Tax expenses s increased by Baht 4.67 million compared to the same period Of the prior year. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director