Davis Commodities Ltd Clocks $97.8M for First Half of FY23, EPS of $0.08

Davis Commodities Ltd. -2.31% Pre

Davis Commodities Ltd.

DTCK

1.27

1.27

-2.31%

0.00% Pre

First Half of Fiscal Year 2023 Financial Highlights

  • Revenue was $97.8 million for the six months ended June 30, 2023, compared to $100.7 million for the same period of last year.
  • Gross profit was $4.2 million for the six months ended June 30, 2023, compared to $6.7 million for the same period of last year.
  • Income from operations was $2.2 million for the six months ended June 30, 2023, increased by 79.0% from $1.2 million for the same period of last year.
  • Net income was $2.0 million for the six months ended June 30, 2023, increased by 66.6% from $1.2 million for the same period of last year.
  • Basic and diluted earnings per share were $0.08 for the six months ended June 30, 2023, compared to $0.05 for the same period of last year.
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