Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 154

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 154
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Profit for the year

As a result of the foregoing,
our profit decreased from US$23.1 million in 2022 to US$17.2 million in 2023.

Liquidity and Capital Resources

Cash Flows and Working
Capital

The following table sets forth
a summary of our cash flows for the years indicated.

|                                                      |     | For the Year Ended December 31, 
 2022                            |        |   |     | 2023 |        |   |     | 2024 |        |   |
|:-----------------------------------------------------|:----|:--------------------------------|-------:|:--|:----|:-----|-------:|:--|:----|:-----|-------:|:--|
|                                                      |     | US$                             |        |   |     | US$  |        |   |     | US$  |        |   |
|                                                      |     | -in thousands                   |        |   |     |      |        |   |     |      |        |   |
| Net cash (used in) from operating activities         |     |                                 | (1,421 | ) |     |      |  1,132 |   |     |      |  4,567 |   |
| Net cash from investing activities                   |     |                                 |    247 |   |     |      |  6,700 |   |     |      |  3,312 |   |
| Net cash from (used in) financing activities         |     |                                 |  1,064 |   |     |      | (2,472 | ) |     |      |  6,232 |   |
| Net (decrease) increase in cash and cash equivalents |     |                                 |   (110 | ) |     |      |  5,360 |   |     |      | 14,111 |   |
| Cash and cash equivalents at beginning of year       |     |                                 |  1,268 |   |     |      |  1,208 |   |     |      |  6,121 |   |
| Effect of foreign exchange rate changes              |     |                                 |     50 |   |     |      |   (447 | ) |     |      |   (254 | ) |
| Cash and cash equivalents at end of year             |     |                                 |  1,208 |   |     |