profit from associated companies. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 7 of 13 Financial position Assets For the consolidated financial

economy, we are expecting improvement in the sentiments from Q4 onwards. • Total assets As of 30 June 2019, the Company has total assets amounting to THB 16,997 million which decreased from the year ended

) 1,154.53 1,635.42 (480.89) (29.40) EBITDA Margin (%) 15.85 20.87 (5.02) 14.54 19.74 (5.20) Financial position Assets For the consolidated financial statements as of June 30, 2018, total assets of the GFPT

Expense 4.07 2.12 1.95 92.08 11.57 6.43 5.14 80.02 EBITDA 851.02 896.18 (45.16) (5.04) 2,005.54 2,531.60 (526.06) (20.78) EBITDA Margin (%) 18.84 20.37 (1.53) 16.10 19.96 (3.86) Financial position Assets

million due to weakening of the Thai Baht against the US Dollar. 4. Statement of financial positions • Total assets As of 31 March 2020, the Company has total assets amounting to THB 15,320 million which

, increased by THB 181.31 million or 9.04% up as compared to 9M2018 mainly from higher revenue from sales and higher share of profit from associated companies. Financial position Assets For the consolidated

102.87 3.89% 318.85 10.86% 215.98 209.95% Trade and other current receivables 270.06 10.22% 372.57 12.69% 102.52 37.96% Inventories 1,366.64 51.70% 1,480.99 50.44% 114.35 8.37% Total current assets

Rnj, (Translation) MD. 170/2019 November 13, 2019 Re: Management Discussion and Analysis For the Operating Results ended September 30, 2019 To: President The Stock Exchange of Thailand Management

  1    (Translation) MD. 030/2018 February 21, 2018 Re: Management Discussion and Analysis For the Year Ended December 31, 2017 To: President The Stock Exchange of Thailand Management Discussion and

1 (Translation) MD. 134/2019 August 7, 2019 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2019 To: President The Stock Exchange of Thailand Management Discussion and