Davis Commodities Limited Announces Fiscal Year 2024 Financial Results
Davis Commodities (Nasdaq: DTCK) reported challenging financial results for fiscal year 2024, with revenue declining 30.6% to $132.4 million from $190.7 million in the previous year. The company recorded a net loss of $3.5 million, compared to a net income of $1.1 million in 2023.
Key performance metrics showed significant decreases across major segments: sugar sales fell 25.6% to $86.6 million, rice sales dropped 29.3% to $18.7 million, and oil and fat products decreased 44.1% to $26.6 million. Africa remained the largest market, contributing 51.7% of total revenue.
The company's gross profit decreased 66.9% to $2.3 million, with margin declining to 1.8% from 3.7%. Operating expenses increased 2.4% to $6.0 million. Cash position weakened to $0.68 million by year-end 2024, down from $1.3 million in 2023. The decline was attributed to commodity price fluctuations, shipping costs, and various supply chain disruptions.
Davis Commodities (Nasdaq: DTCK) ha riportato risultati finanziari difficili per l'anno fiscale 2024, con un fatturato in calo del 30,6% a 132,4 milioni di dollari rispetto ai 190,7 milioni dell'anno precedente. La società ha registrato una perdita netta di 3,5 milioni di dollari, rispetto a un utile netto di 1,1 milioni nel 2023.
I principali indicatori di performance hanno mostrato cali significativi nei segmenti chiave: le vendite di zucchero sono diminuite del 25,6% a 86,6 milioni di dollari, le vendite di riso sono scese del 29,3% a 18,7 milioni, mentre i prodotti oleosi e grassi hanno registrato un calo del 44,1% a 26,6 milioni. L'Africa è rimasta il mercato più grande, contribuendo per il 51,7% del fatturato totale.
Il profitto lordo dell'azienda è diminuito del 66,9% a 2,3 milioni di dollari, con un margine sceso all'1,8% dal 3,7%. Le spese operative sono aumentate del 2,4% a 6,0 milioni. La posizione di cassa si è indebolita a 0,68 milioni di dollari alla fine del 2024, in calo rispetto a 1,3 milioni nel 2023. Il calo è stato attribuito alle fluttuazioni dei prezzi delle materie prime, ai costi di spedizione e a varie interruzioni della catena di approvvigionamento.
Davis Commodities (Nasdaq: DTCK) reportó resultados financieros desafiantes para el año fiscal 2024, con ingresos que disminuyeron un 30,6% hasta 132,4 millones de dólares desde 190,7 millones en el año anterior. La compañía registró una pérdida neta de 3,5 millones de dólares, en comparación con una ganancia neta de 1,1 millones en 2023.
Los indicadores clave de desempeño mostraron disminuciones significativas en los principales segmentos: las ventas de azúcar cayeron un 25,6% a 86,6 millones de dólares, las ventas de arroz bajaron un 29,3% a 18,7 millones, y los productos de aceite y grasa disminuyeron un 44,1% a 26,6 millones. África siguió siendo el mercado más grande, aportando el 51,7% de los ingresos totales.
La ganancia bruta de la compañía disminuyó un 66,9% a 2,3 millones de dólares, con un margen que bajó al 1,8% desde el 3,7%. Los gastos operativos aumentaron un 2,4% hasta 6,0 millones. La posición de efectivo se debilitó a 0,68 millones de dólares a finales de 2024, desde 1,3 millones en 2023. La caída se atribuyó a las fluctuaciones en los precios de las materias primas, los costos de envío y diversas interrupciones en la cadena de suministro.
Davis Commodities (나스닥: DTCK)는 2024 회계연도에 도전적인 재무 실적을 보고했으며, 매출은 전년 1억 9,070만 달러에서 30.6% 감소한 1억 3,240만 달러를 기록했습니다. 회사는 2023년 110만 달러 순이익과 비교해 350만 달러 순손실을 기록했습니다.
주요 성과 지표는 주요 부문 전반에 걸쳐 크게 감소했으며, 설탕 판매는 25.6% 감소한 8,660만 달러, 쌀 판매는 29.3% 감소한 1,870만 달러, 유지방 제품은 44.1% 감소한 2,660만 달러를 기록했습니다. 아프리카는 전체 매출의 51.7%를 차지하며 최대 시장으로 남았습니다.
회사의 총이익은 66.9% 감소한 230만 달러로 떨어졌고, 마진은 3.7%에서 1.8%로 하락했습니다. 운영비는 2.4% 증가한 600만 달러를 기록했습니다. 현금 보유액은 2024년 말 기준 130만 달러에서 68만 달러로 약화되었습니다. 이러한 하락은 원자재 가격 변동, 운송 비용, 그리고 다양한 공급망 혼란에 기인합니다.
Davis Commodities (Nasdaq : DTCK) a annoncé des résultats financiers difficiles pour l'exercice 2024, avec un chiffre d'affaires en baisse de 30,6 % à 132,4 millions de dollars, contre 190,7 millions l'année précédente. La société a enregistré une perte nette de 3,5 millions de dollars, contre un bénéfice net de 1,1 million en 2023.
Les indicateurs clés de performance ont montré des baisses significatives dans les principaux segments : les ventes de sucre ont chuté de 25,6 % à 86,6 millions, les ventes de riz ont diminué de 29,3 % à 18,7 millions, et les produits d'huile et de graisse ont reculé de 44,1 % à 26,6 millions. L'Afrique est restée le plus grand marché, représentant 51,7 % du chiffre d'affaires total.
Le bénéfice brut de la société a diminué de 66,9 % à 2,3 millions, avec une marge en baisse à 1,8 % contre 3,7 %. Les charges d'exploitation ont augmenté de 2,4 % pour atteindre 6,0 millions. La trésorerie s'est affaiblie à 0,68 million à la fin de 2024, contre 1,3 million en 2023. Ce déclin a été attribué aux fluctuations des prix des matières premières, aux coûts d'expédition et à diverses perturbations de la chaîne d'approvisionnement.
Davis Commodities (Nasdaq: DTCK) meldete herausfordernde Finanzergebnisse für das Geschäftsjahr 2024, mit einem Umsatzrückgang von 30,6 % auf 132,4 Millionen US-Dollar gegenüber 190,7 Millionen im Vorjahr. Das Unternehmen verzeichnete einen Nettoverlust von 3,5 Millionen US-Dollar, verglichen mit einem Nettogewinn von 1,1 Millionen im Jahr 2023.
Wichtige Leistungskennzahlen zeigten deutliche Rückgänge in den Hauptsegmenten: Zuckerumsätze sanken um 25,6 % auf 86,6 Millionen, Reisverkäufe fielen um 29,3 % auf 18,7 Millionen und Öl- und Fettprodukte gingen um 44,1 % auf 26,6 Millionen zurück. Afrika blieb der größte Markt und trug 51,7 % zum Gesamtumsatz bei.
Der Bruttogewinn des Unternehmens sank um 66,9 % auf 2,3 Millionen, mit einer Marge, die von 3,7 % auf 1,8 % zurückging. Die Betriebskosten stiegen um 2,4 % auf 6,0 Millionen. Die Barposition schwächte sich bis Ende 2024 auf 0,68 Millionen ab, verglichen mit 1,3 Millionen im Jahr 2023. Der Rückgang wurde auf Schwankungen der Rohstoffpreise, Versandkosten und verschiedene Störungen in der Lieferkette zurückgeführt.
- Maintained strong market presence in Africa with 51.7% of total revenue ($68.4M)
- Increased other income by 143.4% to $0.5M in FY2024
- Diversified product portfolio with growth in other products (creamer/tomato puree) up 105.5%
- Revenue declined 30.6% to $132.4M in FY2024
- Net loss of $3.5M in FY2024 vs net income of $1.1M in FY2023
- Gross profit decreased 66.9% to $2.3M with margin declining to 1.8% from 3.7%
- Operating expenses increased 2.4% to $6.0M despite revenue decline
- Cash and equivalents decreased to $0.68M from $1.3M
- Sugar sales dropped 25.6% to $86.6M
- Rice revenue fell 29.3% to $18.7M
- Oil and fat products revenue decreased 44.1% to $26.6M
- Net cash used in operating activities was $0.8M
Insights
Davis Commodities reports substantial financial deterioration with 30.6% revenue drop and $3.5M net loss, reflecting serious operational challenges across all segments.
Davis Commodities Limited's FY2024 results reveal severe financial deterioration across all key metrics. Revenue plummeted
The decline affected all product segments: sugar sales (representing
Geographically, performance was equally troubling. While Africa remained the dominant market at
Despite shrinking revenue, operating expenses increased
The company's financial position has weakened significantly, with cash and equivalents falling to
Management characterizes these challenges as "temporary headwinds" navigable through their "robust logistics supply chain," but offers only generic strategies focused on market expansion rather than specific tactical initiatives to address the comprehensive financial deterioration.
SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK) (the "Company" or "Davis Commodities"), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, today announced its financial results for the fiscal year 2024.
Ms. Li Peng Leck, Executive Chairperson and Executive Director of Davis Commodities, commented, “Despite the challenges posed by fluctuations in commodity prices and shipping costs, we remain confident in our ability to navigate these temporary headwinds. Our robust logistics supply chain is designed to mitigate the impact of such fluctuations, ensuring a steady flow of operations. Looking ahead, we are committed to expanding our market presence by strengthening our position in existing markets and exploring opportunities in new territories. This strategic approach not only supports growth but also helps diversify regional risks. Furthermore, by leveraging our longstanding relationships with trusted business partners, we aim to seize opportunities in emerging markets, driving long-term value and resilience.”
Fiscal Year 2024 Financial Results
| • | Revenue was | |
| • | Gross profit was | |
| • | Loss from operations was | |
| • | Net loss was | |
| • | Basic and diluted loss per share was | |
Revenue
Total revenue was
| For the year ended December 31, | ||||||||||||||||||||||||
| 2022 | % | 2023 | % | 2024 | % | |||||||||||||||||||
| US$’000 | US$’000 | US$’000 | ||||||||||||||||||||||
| Sale of sugar | $ | 154,757 | 74.9 | $ | 116,443 | 61.0 | $ | 86,599 | 65.5 | |||||||||||||||
| Sale of rice | 34,200 | 16.5 | 26,440 | 13.9 | 18,680 | 14.1 | ||||||||||||||||||
| Sale of oil and fat products | 17,568 | 8.5 | 47,623 | 25.0 | 26,642 | 20.1 | ||||||||||||||||||
| Sale of others | 192 | 0.1 | 218 | 0.1 | 448 | 0.3 | ||||||||||||||||||
| Total revenue | $ | 206,717 | 100.0 | $ | 190,724 | 100.0 | $ | 132,369 | 100.0 | |||||||||||||||
In 2024, our operations in the sugar, rice and palm oil sectors faced a decline in revenue, driven by a range of supply chain disruptions, rising cost, regulatory challenges, and shift in market demand.
| • | Revenue from sales of sugar was | |
| • | Revenue from sales of rice was | |
| • | Revenue from sales of oil and fat products was | |
| • | Revenue from sales of other products (e.g., creamer and tomato puree) was | |
A breakdown of revenue by geographic regions for the fiscal years ended December 31, 2024 and 2023 is summarized below:
| For the year ended December 31, | ||||||||||||||||||||||||
| 2022 | % | 2023 | % | 2024 | % | |||||||||||||||||||
| US$’000 | US$’000 | US$’000 | ||||||||||||||||||||||
| Africa | $ | 56,863 | 27.5 | $ | 80,637 | 42.3 | $ | 68,448 | 51.7 | |||||||||||||||
| China | 16,629 | 8.0 | 17,731 | 9.3 | 11,957 | 9.0 | ||||||||||||||||||
| Indonesia | 79,645 | 38.5 | 22,502 | 11.8 | 12,672 | 9.6 | ||||||||||||||||||
| Vietnam | 28,663 | 13.9 | 9,109 | 4.8 | 6,999 | 5.3 | ||||||||||||||||||
| Philippines | 3,237 | 1.6 | 19,372 | 10.2 | 2,850 | 2.2 | ||||||||||||||||||
| Thailand | 1,980 | 1.0 | 13,119 | 6.9 | 12,989 | 9.8 | ||||||||||||||||||
| Singapore | 8,808 | 4.3 | 18,889 | 9.9 | 10,105 | 7.6 | ||||||||||||||||||
| Other countries | 10,892 | 5.2 | 9,365 | 4.8 | 6,349 | 4.8 | ||||||||||||||||||
| Total revenue | $ | 206,717 | 100.0 | $ | 190,724 | 100.0 | $ | 132,369 | 100.0 | |||||||||||||||
| • | Africa remained our largest contributor, accounting for approximately | |
| • | China contributed approximately | |
| • | Indonesia recorded approximately | |
| • | Philippines recorded approximately | |
| • | These four regions represented the most material changes in our geographic revenue mix for the year. | |
Cost of Revenue
Our cost of revenue decreased by approximately
Gross Profit and Gross Margin
For the year ended December 31, 2024, our gross profit decreased by approximately
Gross margin declined to
Operating Expenses
Operating expenses of the Company were
| • | Selling and marketing expenses decreased by approximately | |
| • | General and administrative expenses increased to approximately | |
Other Income and Interest Expense
Other income was
Interest expense increased by approximately
Net Income
Taking into account all of the above, the Group recorded a net loss of approximately
Financial Condition
As of December 31, 2024, the Company had cash and cash equivalents of
Net cash used in operating activities was approximately
Net cash used in investing activities was approximately
Net cash provided by financing activities was approximately
About Davis Commodities Limited
Based in Singapore, Davis Commodities Limited is an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products in various markets, including Asia, Africa and the Middle East. The Company sources, markets, and distributes commodities under two main brands: Maxwill and Taffy in Singapore. The Company also provides customers of its commodity offerings with complementary and ancillary services, such as warehouse handling and storage and logistics services. The Company utilizes an established global network of third-party commodity suppliers and logistics service providers to distribute sugar, rice, and oil and fat products to customers in over 20 countries, as of the fiscal year ended December 31, 2023. For more information, please visit the Company’s website: ir.daviscl.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S.Securities and Exchange Commission.
| DAVIS COMMODITIES LIMITED AND ITS SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amount in thousands, except for share and per share data, or otherwise noted) | ||||||||
| As of December 31, | ||||||||
| 2023 | 2024 | |||||||
| US$’000 | US$’000 | |||||||
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 1,330 | 678 | ||||||
| Accounts receivable, net | 15,267 | 7,692 | ||||||
| Prepaid expenses and other current assets, net | 6,131 | 3,521 | ||||||
| Inventory | 537 | 319 | ||||||
| Total current assets | 23,265 | 12,210 | ||||||
| Property, plant and equipment | 633 | 578 | ||||||
| Right-of-use asset | 73 | 37 | ||||||
| Loan to a related party, net | 5,907 | 5,972 | ||||||
| Other receivable – non-current, net | – | 891 | ||||||
| Total non-current assets | 6,613 | 7,478 | ||||||
| TOTAL ASSETS | 29,878 | 19,688 | ||||||
| Liabilities | ||||||||
| Current liabilities: | ||||||||
| Bank loans - current | 207 | 219 | ||||||
| Lease payable - current | 36 | 37 | ||||||
| Finance lease - current | 29 | 29 | ||||||
| Accounts payable | 14,323 | 9,134 | ||||||
| Accruals and other current liabilities | 3,850 | 2,236 | ||||||
| Income taxes payable | 713 | 35 | ||||||
| Total current liabilities | 19,158 | 11,690 | ||||||
| Bank loans – non-current | 323 | 103 | ||||||
| Lease payable – non-current | 38 | – | ||||||
| Finance lease – non-current | 101 | 72 | ||||||
| Deferred tax liabilities | – | – | ||||||
| Amount due to a related party | – | 1,096 | ||||||
| Total non-current liabilities | 462 | 1,271 | ||||||
| TOTAL LIABILITIES | 19,620 | 12,961 | ||||||
| Commitments and contingencies | – | – | ||||||
| Shareholders’ equity | ||||||||
| Ordinary shares US | * | * | ||||||
| Additional paid-in capital | 3,151 | 3,151 | ||||||
| Merger reserve | 1,113 | 1,113 | ||||||
| Retained earnings | 5,981 | 2,452 | ||||||
| Accumulated other comprehensive income | 13 | 11 | ||||||
| Total shareholders’ equity | 10,258 | 6,727 | ||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 29,878 | 19,688 | ||||||
| * | Retrospectively restated for the effect of a 2,325-for-1 share subdivision |
| ** | Denotes amount less than US$’000. |
| DAVIS COMMODITIES LIMITED AND ITS SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Amount in thousands, except for share and per share data, or otherwise noted) | ||||||||||||
| For the years ended December 31, | ||||||||||||
| 2022 | 2023 | 2024 | ||||||||||
| US$’000 | US$’000 | US$’000 | ||||||||||
| Revenues | 206,717 | 190,724 | 132,369 | |||||||||
| Cost of revenues | (193,840 | ) | (183,695 | ) | (130,044 | ) | ||||||
| Gross profit | 12,877 | 7,029 | 2,325 | |||||||||
| Operating expenses: | ||||||||||||
| Selling and marketing expenses | (5,307 | ) | (2,439 | ) | (1,723 | ) | ||||||
| General and administrative expenses | (2,287 | ) | (3,443 | ) | (4,302 | ) | ||||||
| Total operating expenses | (7,594 | ) | (5,882 | ) | (6,025 | ) | ||||||
| Income/(loss) from operations | 5,283 | 1,147 | (3,700 | ) | ||||||||
| Other income/(expense): | ||||||||||||
| Other income | 285 | 198 | 482 | |||||||||
| Interest expense | (33 | ) | (110 | ) | (133 | ) | ||||||
| Total other income | 252 | 88 | 349 | |||||||||
| Income/(loss) before tax expense | 5,535 | 1,235 | (3,351 | ) | ||||||||
| Income tax expense | (920 | ) | (149 | ) | (178 | ) | ||||||
| Net income/(loss) | 4,615 | 1,086 | (3,529 | ) | ||||||||
| Other comprehensive (loss)/income | ||||||||||||
| Foreign currency translation (loss)/gain, net of taxes | (2 | ) | 8 | (2 | ) | |||||||
| Total comprehensive income/(loss) | 4,613 | 1,094 | (3,531 | ) | ||||||||
| Net income/(loss) per share attributable to ordinary shareholders | ||||||||||||
| Basic and diluted | $ | 0.20 | $ | 0.04 | $ | (0.14 | ) | |||||
| Weighted average number of ordinary shares used in computing net income per share | ||||||||||||
| Basic and diluted* | 23,250,000 | 24,500,625 | 24,500,625 | |||||||||
| * | Retrospectively restated for the effect of a 2,325-for-1 share subdivision |
| DAVIS COMMODITIES LIMITED AND ITS SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Amount in thousands, except for share and per share data, or otherwise noted) | |||||||||||||
| For the years ended December 31, | |||||||||||||
| 2022 | 2023 | 2024 | |||||||||||
| US$’000 | US$’000 | US$’000 | |||||||||||
| Net income/(loss) | 4,615 | 1,086 | (3,529 | ) | |||||||||
| Adjustments: | |||||||||||||
| Depreciation and amortization | 58 | 62 | 96 | ||||||||||
| Unrealized loss on derivative contract at fair value | 218 | – | 14 | ||||||||||
| Allowance for expected credit losses | – | 500 | 254 | ||||||||||
| Impairment loss for damaged inventory | – | 16 | – | ||||||||||
| Bad trade debts written off | – | 2 | * | ||||||||||
| Interest expense | 33 | 103 | 129 | ||||||||||
| Interest expense on finance lease | – | 2 | 4 | ||||||||||
| Interest expense on lease liability | * | 5 | – | ||||||||||
| Interest income | (56 | ) | (88 | ) | (384 | ) | |||||||
| 4,868 | 1,688 | (3,416 | ) | ||||||||||
| Changes in operating assets: | |||||||||||||
| (Increase)/decrease in inventories | (2,082 | ) | 1,624 | 218 | |||||||||
| Decrease/(increase) in margin deposits | 559 | 571 | (41 | ) | |||||||||
| Decrease/(increase) of accounts and other receivables | 4,146 | (10,808 | ) | 9,398 | |||||||||
| (Increase)/decrease in deferred offering costs | (1,129 | ) | 1,129 | – | |||||||||
| (Decrease)/increase in accounts and other payables, and accruals | (8,727 | ) | 8,253 | (6,221 | ) | ||||||||
| Decrease in amount due from directors | * | – | – | ||||||||||
| Decrease in operating lease liabilities | – | (3 | ) | (37 | ) | ||||||||
| Increase/(decrease) in income tax payable | 419 | (645 | ) | (678 | ) | ||||||||
| Cash (used in)/ provided by operating activities | (1,946 | ) | 1,809 | (777 | ) | ||||||||
| Interest received | 56 | 88 | – | ||||||||||
| Purchase of property, plant and equipment | (14 | ) | (296 | ) | (5 | ) | |||||||
| Cash provided by/(used in) investing activities | 42 | (208 | ) | (5 | ) | ||||||||
| Advances from related parties | * | – | 453 | ||||||||||
| Loan to a related party | – | (5,907 | ) | – | |||||||||
| Issuance of share capital | * | * | – | ||||||||||
| Dividend paid | (3,001 | ) | – | – | |||||||||
| Net proceeds from offering | – | 3,151 | – | ||||||||||
| Proceeds from bank borrowings | 575 | – | – | ||||||||||
| Proceeds from finance lease | – | 144 | – | ||||||||||
| Repayment of bank borrowings | (146 | ) | (155 | ) | (208 | ) | |||||||
| Interest paid | (33 | ) | (28 | ) | (82 | ) | |||||||
| Principal payment of finance lease | – | (14 | ) | (29 | ) | ||||||||
| Principal payment of lease liabilities | (38 | ) | – | – | |||||||||
| Payment of interest on finance lease | – | (2 | ) | (4 | ) | ||||||||
| Payment of interest on lease liabilities | * | – | – | ||||||||||
| Cash (used in)/provided by financing activities | (2,643 | ) | (2,811 | ) | 130 | ||||||||
| Net change in cash and cash equivalents | (4,547 | ) | (1,210 | ) | (652 | ) | |||||||
| Cash and cash equivalents as of beginning of the year | 7,087 | 2,540 | 1,330 | ||||||||||
| Cash and cash equivalents as of the end of the year | 2,540 | 1,330 | 678 | ||||||||||
| Supplementary Cash Flows Information | |||||||||||||
| Cash paid for taxes | (499 | ) | (791 | ) | (856 | ) | |||||||
| Operating lease asset obtained in exchange for operating lease obligations | – | 150 | – | ||||||||||
| Dividend that was offset against loan assumed by shareholder/director | (671 | ) | – | – | |||||||||
| * | Denotes amount less than US$’000. |
Forward-Looking Statements
This press release contains forward-looking statements that are based on the management’s current expectations, estimates, and assumptions about future economic conditions, industry performance, company operations, and financial results. These statements are not guarantees of future events or performance and involve a number of risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements due to factors such as changes in economic conditions, market trends, industry developments, and operational factors. There can be no assurance that the expected events or outcomes will occur as anticipated.
For more information, please contact: Davis Commodities Limited Investor Relations Department Email: investors@daviscl.com Celestia Investor Relations Dave Leung Email: investors@celestiair.com
FAQ
Why did Davis Commodities (DTCK) stock report a net loss in fiscal year 2024?
What caused DTCK's revenue to drop by 30.6% in fiscal year 2024?
How much cash does Davis Commodities (DTCK) have as of December 2024?
What is DTCK's gross profit margin for fiscal year 2024?
Which geographic region contributed the most to DTCK's revenue in 2024?
