Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 464

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 464
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 to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial 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 |   |
|