Mr. Richard Fearn reports

FAB-FORM ANNOUNCES RESULTS FOR THE FIRST QUARTER ENDED 30 SEPTEMBER 2023

Fab-Form Industries Ltd. has released its financial results for the three-month period ended Sept. 30, 2023. The company achieved a net profit of $356,998 during this quarter, marking a 23-per-cent decrease compared with the corresponding period in 2022. Additionally, the revenue for the three months concluded on Sept. 30, 2023, amounted to $1,540,676, representing a 27-per-cent decrease compared with the same period in 2022. The operating income for this period was $486,768, reflecting a 26-per-cent decline compared with the corresponding period in 2022.

For further details and comprehensive information related to the financial statements, you can access the company's website or visit SEDAR+. Alternatively, you can request additional information directly from Fab-Form's head office in Delta.

About Fab-Form Industries Ltd.

Fab-Form, located in Vancouver, B.C., Canada, is recognized as a prominent manufacturer of concrete forming products. The company was founded in 1986 and has been dedicated to creating and commercializing sustainable and efficient foundation products for the building industry. Fab-Form has been listed on the TSX Venture Exchange under the symbol FBF since 1999.

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