Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 86

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 86
---
 set forth
below should be read in conjunction with, and is qualified by reference to “Management’s Discussion and Analysis of Financial
Condition and Results of Operation” and the combined financial statements and notes thereto included elsewhere in this prospectus.

Selected Consolidated Statements
of Profit or Loss and Other Comprehensive Income

|                                                                                                              |     | Year ended December 31, |   2022 |   |     |         |    2023 |   |     |         |    2024 |   |
|:-------------------------------------------------------------------------------------------------------------|:----|:------------------------|-------:|:--|:----|:--------|--------:|:--|:----|:--------|--------:|:--|
|                                                                                                              |     | US$’000                 |        |   |     | US$’000 |         |   |     | US$’000 |         |   |
| REVENUE                                                                                                      |     |                         |        |   |     |         |         |   |     |         |         |   |
| Media advertising and marketing services income                                                              |     |                         |  7,670 |   |     |         |  14,422 |   |     |         |  18,859 |   |
| Hotel operation, hospitality and VIP services income                                                         |     |                         |  3,201 |   |     |         |   5,423 |   |     |         |  23,132 |   |
| Dividend income and gain related to disposed financial assets at fair value through profit or loss (“FVTPL”) |     |                         |  7,381 |   |     |         |  60,457 |   |     |         |   8,681 |   |
| Net fair value changes on FVTPL and derivative financial instruments                                         |     |                         | 13,011 |   |     |         | (37,759 | ) |     |         |  26,342 |   |
|                                                                                                              |     |                         | 31,263 |   |     |         |  42,543 |   |     |         |  77,014 |   |
| Cost of production and cost of hotel operation                                                               |     |                         | (3,239 | ) |     |         |  (5,886 | ) |     |         | (15,612 | ) |
| Other income                                                                                                 |     |                         |