operations and had strong financial position. As at December 31, 2018, the consolidated current ratio was 1.93 times, slightly increased from 1.81 times in 2017. The quick ratio in 2018 was 0.72 times

Multiplier (times) 1.46 1.43 1.40 GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 6 of 14 Financial position Asset For the consolidated financial position as of December

GFPT Public Company Limited Management Discussion and Analysis for the Year 2017 Page 1 of 15 Management Discussion & Analysis Summary of Consolidated Statements of Financial Position of GFPT Public

operations and had strong financial position. As at September 30, 2017, the consolidated current ratio was 1.81 times, slightly increased from 1.54 times as at December 31, 2016. The quick ratio as at

6M2020 was THB 1,372.61 million, decreased by THB 2.97 million or 0.22% down as compared to 6M2019 mainly from lower revenue from sales. Financial position Assets For the consolidated financial statements

sales strategy to response and attract customers. Financial Position Analysis Unit : MB For the period ended 30 June 2017 For the year ended 31 December 2016 Change MB % Cash and cash equivalents 193.10

attract customers together with effort to manages and efficiency controls the expenses. Financial Position Analysis Unit : MB For the period ended 30 September 2017 For the year ended 31 December 2016

million. Statements of Financial Position as at December 31, 2017 2017 2016 Change (Million Baht) (Million Baht) (%) Current Assets 1,230.25 1,360.25 (9.56) Non-Current Assets 1,822.28 1,665.63 9.40 Total

pilot project in Phra Nakorn Sri Ayutthaya outlet with a plan to roll-out to other outlets in the future. Financial Position Analysis Unit : MB As at As at Change 31 December 2018 31 December 2017 MB

. Financial Position Analysis Unit : MB As at As at Change 30 June 2019 31 December 2018 MB % Cash and cash equivalents 67.34 159.65 (92.31) -57.82 Current investment 102.98 156.04 (53.06) -34.01 Securities