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SINGAPORE, June 25, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK), a leading Singapore-based trader of agricultural commodities, has announced an ambitious strategic expansion plan aimed at tapping into the surging demand for sugar in key Asian markets as part of its global expansion efforts. Leveraging its expertise in agricultural trade, the company is poised to capitalize on tightening domestic supplies and rising consumption in India, Pakistan, and China.
Execution Priorities with Focused Actions
To achieve its targeted USD 100 million growth in sugar-related revenues, Davis Commodities is implementing a robust execution framework centered on regional adaptability, operational efficiency, and strategic partnerships. Key initiatives include:
*Note: These references reflect business development intentions only. No binding commitments or agreements have been executed at this stage.
Projected Financial Impact
Davis Commodities anticipates significant financial uplift through these initiatives, including:
Regional Sugar Market Dynamics
Management Insight
“We see a clear opportunity to meet growing demand in high-consumption sugar markets, particularly in Asia, where supply constraints are driving import needs. While we have yet to finalize any agreements, we are actively engaging with leading regional partners to align our capabilities with market requirements,” said the management of Davis Commodities. “This strategy allows us to scale responsibly while enhancing revenue performance and optimizing our supply chain.”
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, 2024.
For more information, please visit the Company’s website: ir.daviscl.com.
Forward-Looking Statements
This press release contains certain forward-looking statements, within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, relating to the fundraising plans of Davis Commodities Limited. These forward-looking statements generally can be identified by terms such as “believe,” “project,” “predict,” “budget,” “forecast,” “continue,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “could,” “should,” “will,” “would,” and similar expressions or negative versions of those expressions.
Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, therefore, subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release. The Company’s filings with the SEC identify and discuss other important risks and uncertainties that could cause events and results to differ materially from those indicated in these forward-looking statements.
Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance upon forward-looking statements. Davis Commodities Limited assumes no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
CONTACT: For more information, please contact: Davis Commodities Limited Investor Relations Department Email: [email protected] Celestia Investor Relations Dave Leung Email: [email protected]
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