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Fitch Ratings has affirmed DSI Samson Group's national long-term rating at 'AA(lka)' with a Stable outlook.

Posted on 8 May, 2021

Fitch Ratings has affirmed Sri-Lanka based footwear and tire manufacturer and retailer DSI Samson Group (Private) Limited (DSG) at 'AA(lka)'. The Outlook is Stable.

The affirmation and Stable Outlook reflect Fitch's belief that DSG will maintain sufficient liquidity and healthy operating performance in the next one to two years such that its leverage and fixed-charge coverage will remain adequate for its rating.

The 'AA(lka)' rating reflects DSG's market leadership in the highly fragmented and competitive footwear retailing space, which is supported by an island-wide network of 200 outlets and its in-house manufacturing. DSG is also a market leader in the domestic two-wheeler and three-wheeler tire segments. The high competition in these segments is counterbalanced by recurring demand for most of DSG's footwear and tire products. Read More :

Posted by Corporate News

Corporate Office

DSI Samson Group
No. 110
Kumaran Rathnam Road
Colombo 02
Sri Lanka.

T: +94 (0)11 21 31 800
F: +94 (0)11 21 31 777
E: (General)