(times) 0.25 0.25 Remark: 1) Current Ratio = Current Assets / Current Liabilities 2) Quick Ratio = (Cash + Short-term Investments + Accounts Receivable) / Current Liabilities 3) Gross Profit Margin

Limited and its subsidiaries Y 2018 Y 2017 Current Ratio 1 (times) 1.77 1.81 Quick Ratio 2 (times) 0.52 0.57 Gross Profit Margin 3 (%) 13.12 15.28 Operating Profit Margin 4 (%) 5.39 11.27 Net Profit Margin

718.58 327.80 Financial Ratios of GFPT Public Company Limited and its subsidiaries Y 2019 Y 2018 Current Ratio 1 (times) 2.06 1.93 Quick Ratio 2 (times) 0.68 0.72 Gross Profit Margin 3 (%) 13.46 13.65

Limited and its subsidiaries Y 2019 Y 2018 Current Ratio 1 (times) 2.08 1.93 Quick Ratio 2 (times) 0.87 0.72 Gross Profit Margin 3 (%) 13.87 14.81 Operating Profit Margin 4 (%) 10.04 7.83 Net Profit Margin

and its subsidiaries Y 2019 Y 2018 Current Ratio 1 (times) 2.16 1.93 Quick Ratio 2 (times) 0.94 0.72 Gross Profit Margin 3 (%) 15.70 15.68 Operating Profit Margin 4 (%) 10.50 11.68 Net Profit Margin 5

previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased

Remark: 1) Current Ratio = Current Assets / Current Liabilities 2) Quick Ratio = (Cash + Short-term Investments + Accounts Receivable) / Current Liabilities 3) Gross Profit Margin = (Gross Profit / Sales

1,514.26 350.01 Financial Ratios of GFPT Public Company Limited and its subsidiaries Y 2020 Y 2019 Current Ratio 1 (times) 2.20 2.95 Quick Ratio 2 (times) 0.93 0.99 Gross Profit Margin 3 (%) 14.30 13.87

0.63 MB, equivalent to 0.4% of total revenue from sales. The Company has a lower gross margin comparing to the same period from 12.3% to 7.5% because the company is not able to increase the selling price

28.4% of total revenue from sales. A higher gross margin is how the Company manage the production planning through new software and which consequently led to a higher gross margin comparing to the same