DCT Trading subsidiary signs $951,000 Greek cotton contract

The company disclosed the agreement on September 23, stating that YAKA IKE had signed a sales contract worth $951,000 for new-season Greek cotton.

YAKA IKE is a consolidated subsidiary in which DCT Trading holds a 98% stake, according to the company’s KAP corporate information. Its registered business activities include the processing, packaging and trading of fresh produce.

The company did not disclose further details about the buyer, the volume of cotton covered by the agreement or the delivery terms in the material event disclosure.

The agreement adds to DCT Trading’s agricultural commodities trading activities through its Greek subsidiary. The company’s announcement provides the contract value but does not quantify its expected impact on revenue or profitability.