Company: DTCK
Filing Date: 2025-12-23
Form Type: 6-K
Source: 0001683168-25-009327
Chunk: 30

Company: DAVIS COMMODITIES Ltd
Filing Date: 2025-12-23
Form: 6-K
Chunk 30
---
30, |  2024 |     |         |   2025 |
|:------------------------------------------------|:----|:-----------------------------------------|------:|:----|:--------|-------:|
|                                                 |     | US$’000                                  |       |     | US$’000 |        |
| Interest income receivable from a related party |     |                                          |   181 |     |         |    192 |
| Director’s fees of the subsidiary               |     |                                          |    62 |     |         |     69 |
| Directors’ fees of the Company                  |     |                                          |    27 |     |         |     27 |
| Directors’ remuneration                         |     |                                          |    41 |     |         |     47 |
| Related party remuneration                      |     |                                          |    68 |     |         |     65 |
| Rental expense paid to director                 |     |                                          |    20 |     |         |     20 |
| Interest payable to a related party             |     |                                          |    75 |     |         |     55 |
| Loan from related parties                       |     |                                          |     – |     |         |    356 |
| Sales with a related party                      |     |                                          | 2,905 |     |         | 15,193 |

17. CONCENTRATIONS AND RISKS

Concentrations

Financial instruments that potentially expose
the Company to concentrations of credit risk consist primarily of accounts receivable. The Company conducts credit evaluations of its
customers, and generally does not require collateral or other security from them. The Company evaluates its collection experience and
long outstanding balances to determine the need for an allowance for doubtful accounts. The Company conducts periodic reviews of the financial
condition and payment practices of its customers to minimize collection risk on accounts receivable.

The following table sets forth a summary of single
customers who represent 10% or more of the Company’s total revenue:

| Schedule of total revenue |     | For the six-month period ended 
 June 30,                       |    2024 |     |         |   2025 |
|:--------------------------|:----|:-------------------------------|--------:|:----|:--------|-------:|
|                           |     | US$’000                        |         |     | US$’000 |        |
| Customer A                |     |                                |   8,731 |     |