total shareholder equity of 325.4 MB, increased from December 31, 2017 at 63.2 MB due to the Company and its subsidiaries had net profit for Q2/2018 at 63.2 MB  Cash Based on the results for Q2/2018, the

Equity (ROE) (%) 25.09% 21.16% 3.93% Return on Assets (ROA) (%) 16.71% 13.16% 3.55% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by the number of treasury share

GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2018 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the

same quarter last year due to high material and energy price. The Company’s selling expenses reported at Baht 86.1 million increased by 1.6% from the marketing activities expenses. The administrative

Thailand Due to depletion of Mae Sod Mine’s reserves, PDI stopped its mining activities in 2016 and ceased the conventional zinc business end 2017. Whilst sustaining part of the zinc related activities under

GFPT Public Company Limited Interim Management Discussion and Analysis for the 3rd Quarter 2018 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the

• Cash Based on the results for Q3/2018, the company had cash flow as following details - Net cash flow from operating activities was 121.3 MB when compared with Q3/2017 will be increased 49.9 MB came from

of Ordinary Shares (Million Shares) * 947.96 947.96 - - Return on Equity (ROE) (%) 22.44% 21.16% 1.28% Return on Assets (ROA) (%) 14.68% 13.16% 1.52% Remark: * Calculated based on the number of issued

public interest. While the nature of an auditor oversight body and the process through which it carries out its activities may differ among jurisdictions, IOSCO believes that effective oversight generally

cash flow declined by 11. 82 million baht, while the net cash flow from investment activities increased by 3.97 million baht. The net cash flow from funding activities dropped by 1.27 million baht. Total