Sunday Aug 24, 2025
Sunday Aug 24, 2025
Wednesday, 20 August 2025 13:23 - - {{hitsCtrl.values.hits}}
After navigating two challenging financial years marked by global market volatility, Samson International PLC has made a remarkable turnaround, posting substantial profits in the first quarter of the 2025/26 financial year.
The company recorded a 158% profit growth, marking a significant improvement for the quarter ending 30 June, compared to the same period last year. Q1 revenue rose by 19% year-on-year to Rs. 648 million, driven primarily by a 43% surge in export sales and notable growth in the domestic market, despite ongoing geopolitical tensions in Europe, high energy costs, and global market uncertainties.
Chairperson C.I. Malwatte and Managing Director Dilshan Rajapaksa credited the company’s recent success to strategic initiatives implemented over the past year. This included market diversification, reducing dependence on volatile regions, and strengthening market penetration in high-growth territories.
“Our resilience and adaptability have been key,” said Rajapaksa. “We are deeply grateful to our team for their unwavering support and teamwork. Their commitment and willingness to go the extra mile have been instrumental in achieving this turnaround. By expanding into new markets and reinforcing existing relationships, we have successfully transformed challenges into opportunities.”
Malwatte added, “This quarter’s results reflect the dedication of our employees, the trust placed in us by our customers, and our commitment to sustainable, long-term growth.”
With renewed momentum, Samson International PLC is optimistic about sustaining profitability and delivering greater value to shareholders in the coming quarters.
