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Davis Commodities Ltd. (Singapore)

Main Activities: Other Farm Product Raw Material Merchant Wholesalers
Full name: Davis Commodities Ltd. Profile Updated: July 09, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is a agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products. The Company distribute agricultural commodities to various markets, including Asia, Africa and the Middle East. The Company also provide customers of it commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services.
The Company s an asset-light business and utilize an established global network of third-party commodity suppliers and logistics service providers in order to distribute sugar, rice, and oil and fat products to customers in over 20 countries as of the fiscal year ended December 31, 2022.
The Company sources and markets the commodities The Company distributes under two main brands: Maxwill and Taffy. The Company is also the exclusive distributor of the Lin brand in Singapore. The Maxwill brand is owned by us and is used for the sugar products and oil and fat products that The Company distributes outside of Singapore. The Company has an exclusive distributorship with the Thai Roong Ruang Sugar Group, a large sugar producer in Thailand, for the exclusive distribution of sugar products under their Lin brand in Singapore. The Company has also appointed Tong Seng Produce Pte. Ltd., an established distributor of rice, oil, sugar, flour and fiber products in Singapore, for the exclusive distribution of certain sugar products under The Company s Taffy brand.
The Company an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities: sugar, rice, and oil and fat products. The Company distribute agricultural commodities to various markets, including Asia, Africa and the Middle East.
HISTORY
2022 The Company was incorporated on September 20, 2022 in the Cayman Islands under name Davis Commodities Limited .
The Company acquired 100 of the equity interests in LP Grace and Maxwill Foodlink
2023 The Ordinary Shares were previously approved for listing on The Nasdaq Capital Market and commenced trading under the ticker symbol “DTCK” on September 19, 2023.
On September 15, 2023, the Company incorporated Davis Commodities Pte. Ltd., as a private company limited by shares in Singapore and a wholly owned subsidiary of Maxwill Pte. Ltd.

Headquarters
10 Bukit Batok Crescent, The Spire 10-01
Singapore; Singapore; Postal Code: 658079

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Website: http://maxwillgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2022
Key Executives
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Chairman of the Executive Committee
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Director/Member of the Board
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Outside Director
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Outside Director
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Outside Director
Ownership Details
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61.45%
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9.13%
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8.53%
Subsidiaries
Lp Grace Pte. Ltd.
Maxwill (Asia) Pte. Ltd.
Maxwill Foodlink Pte. Ltd.
Company Performance
Financial values in the chart are available after Davis Commodities Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-1.81%
Total operating revenue
-1.81%
Operating profit (EBIT)
-76.19%
EBITDA
-75.97%
Net Profit (Loss) for the Period
-76.89%
Total assets
21.16%
Total equity
395.08%
Operating Profit Margin (ROS)
-2.2%
Net Profit Margin
-1.85%
Return on Equity (ROE)
-216.24%
Debt to Equity Ratio
-5.93%
Quick Ratio
0.11%
Cash Ratio
-0.25%

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