Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 472

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 472
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 statements. We believe that our audits provide a reasonable basis for our opinion. /s/ Assentsure PAC Singapore
March21, 2025 We have served as the Group’s auditor since 2024. F-23

THE GENERATION ESSENTIALS GROUP
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
AND OTHER COMPREHENSIVE INCOME
FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024

|                                                                                                              |     | Notes |     | Year ended December 31, 
                    2022 |   |     |    2023 |   |     |    2024 |   |
|:-------------------------------------------------------------------------------------------------------------|:----|------:|:----|------------------------:|:--|:----|--------:|:--|:----|--------:|:--|
|                                                                                                              |     |       |     |                 US$’000 |   |     | US$’000 |   |     | US$’000 |   |
| REVENUE                                                                                                      |     |       |     |                         |   |     |         |   |     |         |   |
| Media advertising and marketing services income                                                              |     |     5 |     |                   7,670 |   |     |  14,422 |   |     |  18,859 |   |
| Hotel operation, hospitality and VIP services income                                                         |     |     5 |     |                   3,201 |   |     |   5,423 |   |     |  23,132 |   |
| Dividend income and gain related to disposed financial assets at fair value through profit or loss (“FVTPL”) |     |     5 |     |                   7,381 |   |     |  60,457 |   |     |   8,681 |   |
| Net fair value changes on FVTPL and derivative financial instruments                                         |     |     5 |     |                  13,011 |   |     | (37,759 | ) |     |  26,342 |   |
|                                                                                                              |     |       |     |                  31,263 |   |     |  42,543 |   |     |  77,014 |   |
| Cost of production and cost of hotel operation                                                               |     |       |     |                  (3,239 | ) |