Davis Commodities announces initiative to leverage AI technologies

Davis Commodities (DTCK) announced a strategic initiative to leverage advanced AI technologies and establish a high-margin sugar processing facility. This move marks its transformation from a traditional trader to a tech-enabled processor, aligning with its vision to redefine agricultural commodities trading and drive significant financial growth. Davis Commodities has set ambitious financial goals to guide its growth trajectory: Achieve a Return on Equity of 30% within two years and exceed 35% within five years. Total revenue is projected to exceed $300M in FY2026. Increase net profit margin to high single digits by 2026, and elevate it to low double digits within five years.