Davis Commodities Ltd (DTCK) Sector
Consumer Staples

(Current) $1.15
0.06 (5.5%) Open Price: 1.09

 

Davis Commodities Ltd. (DC) is an agricultural commodity trading company headquartered in Singapore. The company was founded in 1999 and is listed on the Nasdaq Capital Market. DC specializes in the trading of sugar, rice, and oil and fat products, which it distributes to customers in Asia, Africa, and the Middle East.

 

DC's core business is trading in sugar, which accounts for over 70% of its total revenue. The company has a strong network of suppliers and customers in the global sugar market. DC also has a number of exclusive distribution agreements with major sugar producers, such as the Thai Roong Ruang Sugar Group.

 

In addition to sugar, DC also trades in rice and oil and fat products. The company's rice business is smaller than its sugar business, but it is growing rapidly. DC's oil and fat business is also relatively small, but it is profitable.

 

DC has a number of competitive advantages in the agricultural commodity trading industry. First, the company has a strong track record of success. DC has been profitable for over 20 years. Second, the company has a deep understanding of the global agricultural commodity market. Third, DC has a strong network of suppliers and customers.

 

Davis Commodities has a strong track record of profitability. In fiscal year 2022, the company generated revenue of US$1.2 billion and net income of US$250 million. The company's profitability is driven by its ability to pass through higher costs to customers, as well as its focus on high-margin products.

 

DC is well-positioned to benefit from the growing demand for agricultural commodities in Asia, Africa, and the Middle East. The company is also expanding into new markets, such as Latin America.

 



 

(06/11/24) $1.09
(06/12/24) $1.09
(06/12/24) (Qty.)28,351
(06/11/24) $1.07
(06/11/24) $1.18
(05/26/24) $1.01
(06/02/24) $1.24
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