Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 299

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 299
---
--|:----|:--------|--------:|:--|
|                                                                                    |     | US$’000                 |        |   |     | US$’000 |        |   |     | US$’000 |         |   |
| Profit before tax                                                                  |     |                         | 23,722 |   |     |         | 19,059 |   |     |         |  46,373 |   |
| Tax at statutory tax rate of 16.5%                                                 |     |                         |  3,914 |   |     |         |  3,145 |   |     |         |   7,652 |   |
| Tax effect of different tax rates of subsidiaries operating in other jurisdictions |     |                         |     86 |   |     |         |    117 |   |     |         |     233 |   |
| Tax effect of non-taxable income                                                   |     |                         | (4,335 | ) |     |         | (4,045 | ) |     |         | (14,862 | ) |
| Tax effect of non-deductible expenses                                              |     |                         |     17 |   |     |         |    399 |   |     |         |   5,450 |   |
| Tax effect of tax losses not recognized                                            |     |                         |    452 |   |     |         |    772 |   |     |         |   2,210 |   |
| Tax effect of share of (profits) losses of joint ventures                          |     |                         |   (134 | ) |     |         |    430 |   |     |         |      92 |   |
| Withholding tax on dividend income                                                 |     |                         |    599 |   |     |         |    993 |   |     |         |     868 |   |
| Total income tax expenses                                                          |     |                         |    599 |   |     |         |  1,811 |   |     |         |   1,643 |   |

| 10. | EARNINGS PER SHARE |

The calculation of the basic earnings per share attributable
to the owners of the Company is based on the following data:

|                                                                                        |     | Year ended December 31, |   2022 |     |         |   2023 |     |         |   2024 |
|:---------------------------------------------------------------------------------------|