Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 81

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 81
---
 cost of revenue.

| 45 |

Exchange rate risk

Our foreign currency exposure gives rise to market
risks associated with exchange rate movements against the Vietnam Dong, Malaysian Ringgit, Indonesian Rupiah and the United States dollar.
As of December 31, 20232024 and 20222023,
we did not hold or issue any derivative for trading purposes or to hedge against fluctuations in foreign exchange rates. We mitigated
this risk by conducting sales and purchases transactions in the same currency. Doing so helped to reduce, but has not eliminated, the
impact of foreign currency exchange rate movements. As of December 31, 20232024and 20222023, we had no outstanding
forward exchange or foreign currency option contracts.

We currently do not have a foreign currency hedging
policy. However, our management monitor foreign exchange exposure and will consider hedging significant foreign exchange exposure should
the need arise.

Economic and political risk

Our major operations are conducted in Republic of
Vietnam, Singapore, Malaysia, Indonesia and United States. Accordingly, the political, economic, and legal environments in Republic of
Vietnam, Singapore, Malaysia, Indonesia and United States, as well as these countries’ economy may influence our business, financial
condition, and results of operations.

For the three and nine months ended September 30, 2024, compared to the three and nine months ended September 30, 2023

The following table shows key components of our results of operations during the three and nine months ended September 30, 2024 and 2023.

|                             |     |         Three 
  months ended 
 September 30, |          |   |     |      |          |   |     |          Nine 
  months ended 
 September 30, |            |   |     |      |            |   |
|                             |     |          2024 |          |   |     | 2023 |          |   |     |          2024 |            |   |     | 2023 |            |   |
|                             |     |           US$ |          |   |     |  US$ |          |   |     |           US$ |            |   |     |  US$ |            |   |
| Revenue,                    
 net                         |     |               |  173,446 |   |     |      |  716,574 |   |     |               |    887,711 |   |     |      |