ratio was 2.95 times, increased from 1.93 times in 2018. The quick ratio in 2019 was 0.99 times, increased from 2018 at 0.72 times. The cash ratio of the Company was 0.82 time, slightly decreased from

capital-Paid million baht 1,247 1,247 1,247 Key financial ratios Liquidity ratios Current ratio times 2.99 3.07 3.09 Quick ratio times 2.04 2.22 2.35 Cash ratio times 0.45 0.37 0.38 Receivable turnover

from operation activities. As at June 30, 2019, the consolidated current ratio was 2.08 times, the net debt to equity ratio was low at 0.26 time. As at June 30, 2019, The Company and its subsidiaries

THB 375. 61 million or equal to EPS of THB 0. 30 per share, or 14. 02% down from 3Q2018. For capital structure of the Group, as at September 30, 2019, the consolidated debt to equity ratio was 0.40 time

million baht 1,247 1,247 1,247 Key financial ratios Liquidity ratios Current ratio times 3.07 3.11 3.14 Quick ratio times 2.22 2.38 2.43 Cash ratio times 0.36 0.38 0.45 Receivable turnover times 4.82 4.70

from 1. 81 times as at December 31, 2017. The quick ratio was 0. 79 time, slightly increased from December 31, 2017 at 0.57 time. Short-term Debt Maturity As at September 30, 2018, the Company and its

31st December (Unit: Time) 2018 2017 Current Ratio 5.86 5.90 Quick Ratio 2.81 3.08 Inventory Turnover 2.91 3.37 • Current ratio was 5.86 times, decreased from the year 2017 which was equivalent to 5.90

, the consolidated current ratio was 1.68 times, the net debt to equity ratio was low at 0.30 time. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2018 Page 9

consolidated current ratio was 2. 06 times, slightly increased from 1.93 times as at December 31, 2018. The quick ratio was 0.68 time, slightly decreased from December 31, 2018 at 0.72 time. Short-term Debt

equity ratio was considerably low at 0.25 time. Overall Financial Performance and Profitability Business Segment of GFPT Group 1Q 2020 1Q 2019 Change THB million % THB million % THB million % Chicken