Company: NUTR
Filing Date: 2025-08-29
Form Type: 10-Q
Source: 0001641172-25-025984
Chunk: 111

Company: NUSATRIP Inc
Filing Date: 2025-08-29
Form: 10-Q
Item: Item 8
Chunk 111
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accounts based upon factors affecting the credit risk of specific customers, historical trends and other information.

(c)
Exchange rate risk

The
reporting currency of the Company is US$, to date the majority of the revenues and costs are denominated in VND, SGD, CNY, IDR and MYR
and a significant portion of the assets and liabilities are denominated in VND, SGD, CNY, IDR and MYR. As a result, the Company is exposed
to foreign exchange risk as its revenues and results of operations may be affected by fluctuations in the exchange rate between US$ and
VND, SGD, CNY, IDR and MYR. If VND, SGD, CNY, IDR and MYR depreciate against US$, the value of VND, SGD, CNY, IDR and MYR revenues and
assets as expressed in US$ financial statements will decline. The Company does not hold any derivative or other financial instruments
that expose to substantial market risk.

(d)
Economic and political risks

The
Company’s operations are conducted in the Republic of Vietnam. Accordingly, the Company’s business, financial condition and
results of operations may be influenced by the political, economic and legal environment in the Vietnam, and by the general state of
the Vietnam economy.

The
Company’s operations in the Vietnam and India are subject to special considerations and significant risks not typically associated
with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal
environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political and social
conditions in Vietnam and India, and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures,
currency conversion, remittances abroad, and rates and methods of taxation.

    36

NOTE
– 18 COMMITMENTS AND CONTINGENCIES

As
of June 30, 2025, the Company had no material commitments or contingencies.

NOTE
– 19 SUBSEQUENT EVENTS 

In
accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure
of events that occur after the balance sheet date but before unaudited condensed financial statements are issued, the Company has evaluated
all events or transactions that occurred after June 30, 2025, up through August 29, 2025, the Company issued the unaudited condensed
consolidated financial statements.

On
July