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higher loss of Lijiang Banyan Tree Hotel Co. Ltd. offset by the profit from Thai Wah PLC. (the Company started to take equity from January 2017). Finance cost decreased by Baht 6 million as compared to the
essentially due to the one-off gain and dividend income of Thai Wah Public Company Limited totaling Baht 373 million when it was transferred from other investment to investment in associate in 2016 which was
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