Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 343

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 343
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     |  7,905 |     |  23.1 |
| Strategic investment                                                     |     |             20,392 |     |  65.2 |     | 22,698 |     |       53.3 |     |             23,698 |     |  77.9 |     | 15,880 |     |  46.4 |
| Total                                                                    |     |             31,263 |     | 100.0 |     | 42,543 |     |      100.0 |     |             30,417 |     | 100.0 |     | 34,231 |     | 100.0 |

Six Months Ended June 30, 2023 Compared to Six Months Ended June 30, 2024 Revenue Our revenue increased from US$30.4 million in the six months ended June 30, 2023 to US$34.2 million in the six months ended June 30, 2024. Segment Revenue Our segment revenue from the media and entertainment segment increased from US$4.6 million in the six months ended June 30, 2023 to US$10.4 million in the six months ended June 30, 2024, primarily due to the successful operations and expansions of L’Officiel, as well as our acquisition of The Art Newspaper in October 2023 which represents a new source of income. Our segment revenue from the hotel operation, hospitality and VIP services segment increased from US$2.2 million in the six months ended June 30, 2023 to US$7.9 million in the six months ended June 30, 2024, primarily due to the additional contribution recognized from our hotels to the segment revenue. Our segment revenue from the strategic investment segment decreased from US$23.7 million in the six months ended June 30, 2023 to US$15.9 million in the six months ended June 30, 2024, primarily due to a decrease in the realized gain on disposed investments of US$16.2 million as we disposed of certain film investments in the first half

216 of 2023 whereas no investment was disposed during the first half of 2024. This was partially offset by the unrealized gain on our listed shares investments of US$7.2 million for the six months ended June 30, 2024, while an unrealized loss of US$2.5 million was recognized