., 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

follows; Performance Highlights for Q1/2020  Net profit attributable to shareholders was 206.8 million baht, an increase of 62.3 million baht or 43.1% growth from the same quarter of last year. And the net

baht or 10.89% of same period of 2017 which mainly resulted from a drop of sales from most of Company’s products except for product ‘Screw flight’ that had slightly increased in K. W. METAL WORK PUBLIC

the businesses in subsidiaries and associated the Company investing had improved operating results when compared to the same period last year. The business of mobile phone distribution business

to educate the water quality to target’s group continuously. At the same time, the subsidiaries consist of Irving Corporation Limited has distributed products and equipment design and installation of

143.77 million Baht, revenue in 2018 amount of 144.34 million Baht. First 6 months revenue decreased 0.57 million Baht or 0.39% compared to the same period of the last year due to the Company and its

2019 Change % Change Revenue from sales & service 411.58 719.81 -308.23 -42.8% Other income 5.01 5.57 -0.56 -10.1% Total revenue 416.59 725.38 -308.79 -42.6% Cost of goods sold & service 383.13 638.35

233.79 million Baht, revenue in 2018 amount of 264.24 million Baht. In 2019 revenue decreased 30.45 million Baht or 11.52% compared to the same period of the last year due to the Company and its

Pacific Pipe Public Company Limited would like to clarify the operating results of the year ended December 31, 2017 that has net Profit of Baht 292.42 million, decreased from the same period of previous

company recorded total revenue of 268.83 million Baht in the first quarter of 2019, which decreased from that of the same quarter last year totaling 58.58 million Baht or 17.89%. The company recorded