Bathroom and kitchen sanitary ware provider Sorento Capital Berhad has reported a significant 60.1% increase in net profit for the first quarter of FY26, reaching RM8m. This growth is attributed to the absence of one-off listing expenses from the previous year, which amounted to RM2.1m.
Sorento Capital’s revenue for the quarter ending 30 September 2025 was RM44.1m, slightly down from RM45m in the same period last year. The dealer sales channel remained the primary revenue source, contributing RM29.1m, whilst project-based sales accounted for RM14.6m. Despite the marginal revenue dip, the company’s net profit margin improved to 18.1%.
The Managing Director, Loo Chai Lai, highlighted the upcoming Sorento Concept Showroom in Johor as a pivotal development. Scheduled for completion by December 2025, the showroom aims to boost brand visibility and sales, particularly tapping into the Singaporean market. “Given Johor’s proximity to Singapore and the favourable exchange rate, we are seeing more Singaporeans shopping in Malaysia,” Loo stated.
Sorento Capital’s financial health remains robust, with cash reserves of RM43.5m and net operating cash flow of RM17.8m as of 30 September 2025. The company, listed on the ACE Market of Bursa Securities in October 2024, continues to focus on strategic collaborations and sustainable growth, leveraging Johor’s burgeoning property and infrastructure sectors.