Colombo, Sri Lanka – 13 August 2026 – Samson International PLC (CSE: SIL), a prominent manufacturer and exporter of rubber and PVC-based products, has announced exceptionally strong financial results for the first quarter ended 30th June 2026. The interim financial statements, released on August 12, 2026, reveal a significant surge in revenue and profitability, underscoring the company’s resilience and growth trajectory.
Impressive Revenue and Profitability Surge
For the three months ended 30th June 2026, Samson International PLC recorded a total revenue of Rs. 913.69 million, marking an impressive 40.9% increase compared to Rs. 648.50 million in the corresponding period of the previous year. This growth was propelled by both export and local markets:
- Export Revenue: Grew by 43.1% to Rs. 541.82 million (Q1 2025: Rs. 378.73 million).
- Local Revenue: Increased by 37.8% to Rs. 371.87 million (Q1 2025: Rs. 269.77 million).
The company’s gross profit saw a remarkable 76.0% rise, reaching Rs. 279.68 million from Rs. 158.93 million in Q1 2025. This strong top-line performance translated into an even more substantial boost in operating and net profits:
- Operating Profit: Surged by 145.3% to Rs. 148.76 million (Q1 2025: Rs. 60.63 million).
- Profit Before Income Tax: Skyrocketed by 241.4% to Rs. 129.09 million (Q1 2025: Rs. 37.81 million).
- Profit for the Period (Net Profit): Witnessed an astounding 268.2% increase, reaching Rs. 130.08 million compared to Rs. 35.33 million in the previous year.
Consequently, the Basic Earnings Per Share (EPS) for the quarter reflected this robust growth, climbing to Rs. 30.73 from Rs. 8.35, representing a 268.2% increase.
Solid Financial Position
As at 30th June 2026, Samson International PLC maintained a strong financial footing. Total assets stood at Rs. 2.13 billion, an increase from Rs. 1.77 billion as at 30th June 2025. The company’s equity position also strengthened significantly, with total equity rising to Rs. 781.30 million from Rs. 312.71 million a year ago. The Net Asset Value per Share improved substantially to Rs. 184.58 as at 30th June 2026, compared to Rs. 65.53 on the same date last year.
Enhanced Cash Flow from Operations
The Statement of Cash Flows further highlighted the company’s operational efficiency. Net cash generated from operating activities saw a substantial increase to Rs. 146.26 million for the quarter, a significant improvement from Rs. 9.40 million in Q1 2025. This indicates a healthy ability to generate cash from its core business operations.
Segmental Performance Overview
Both key business segments contributed positively to the overall performance:
- Rubber Items: Recorded a total turnover of Rs. 670.71 million, up from Rs. 454.93 million in Q1 2025.
- PVC Items: Generated a turnover of Rs. 242.98 million, compared to Rs. 193.56 million in Q1 2025.
Market Snapshot and Compliance
As at 30th June 2026, Samson International PLC’s last traded price per share was Rs. 570.00. The public shareholding remained at 43.95%, with 1,684 public shareholders, indicating a healthy market presence and compliance with CSE listing rules.
The impressive interim results demonstrate Samson International PLC’s strong operational capabilities and strategic positioning within the rubber and PVC product markets, both locally and internationally. The company’s ability to significantly boost its revenue and profitability amidst dynamic market conditions bodes well for its future outlook.
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