Thursday, 27 November 2025
Klang, 27 November 2025 – Bathroom and kitchen sanitary ware solution provider (厨卫洁具经销商), Sorento Capital Berhad (“Sorento Capital” or the “Company”), has today announced its first quarter (“1QFY26”) financial results for the period ended 30 September 2025.
For 1QFY26, Sorento Capital recorded a revenue of RM44.1 million, broadly in line with the RM45.0 million achieved in the previous year’s corresponding quarter (“1QFY25”). The dealer sales channel remained the Company’s main revenue contributor, generating RM29.1 million or 66.0% of total revenue, while project-based sales accounted for RM14.6 million or 33.1%, with the balance derived from online sales.
Despite the marginally lower revenue, the Company’s net profit attributable to owners of the Company (“net profit”) improved by approximately 60% to RM8.0 million from RM5.0 million a year ago, mainly due to the absence of one-off listing expenses amounting to RM2.1 million incurred in 1QFY25. This translates into a healthy net profit margin of 18.1%.
Managing Director of Sorento Capital, Mr. Loo Chai Lai (吕再来) said, “Our upcoming Sorento Concept Showroom in Johor, scheduled for completion by December 2025 and expected to be fully operational by the first quarter of 2026, will play a key role in elevating our brand and drive overall sales growth. It will serve as both a retail and experiential centre to showcase our full range of products, including our new premium Sorento Serene series that will help us to tap into Singaporean market.”
“Given Johor’s close proximity to Singapore and the favourable exchange rate, we are seeing more Singaporeans shopping in Malaysia, and we intend to capitalise on this growing cross-border demand. The showroom will also enable us to engage more closely with dealers, architects, and designers, strengthening our presence across Malaysia and Singapore.”
These initiatives align well with the progress taking place in Johor’s property and infrastructure sectors remains encouraging. Developments such as the Johor– Singapore Special Economic Zone and the Johor Bahru-Singapore Rapid Transit System are transforming the state into a vibrant regional hub.
According to the Department of Statistics Malaysia (DOSM), the construction sector grew 10.6% in the third quarter of 2025, with the value of work done reaching RM45.4 billion1. This expansion was driven by stronger activity in the special trade activities and residential buildings subsectors, underscoring Malaysia’s ongoing growth momentum. This sustained growth is expected to support continued demand for renovation and refurbishment works segments which Sorento Capital has built a strong market presence and competitive edge.
“Moving forward, we remain guided by our long-term growth strategy, deepening strategic collaborations and exploring new avenues to create sustainable value for our shareholders. We are optimistic that our continued execution and financial discipline will translate into sustained growth and positive results ahead,” Mr. Loo concluded.
Sorento Capital remains financially strong, with cash and cash equivalents of RM43.5 million as at 30 September 2025, exceeding total loans and borrowings of RM3.7 million. The Company also generated a healthy net operating cash flow of RM17.8 million, underscoring its solid liquidity position and prudent financial management.
To recap, Sorento Capital was listed on the ACE Market of Bursa Securities on 28 October 2024 and successfully raised total proceeds of RM57.4 million from its initial public offering.
Sorento Capital Berhad (“Sorento Capital”), through its subsidiaries, is principally involved in the marketing, distribution and sale of bathroom and kitchen sanitary wares. They have an extensive range of bathroom and kitchen sanitary ware products under their house brands, namely the flagship brand ‘Sorento’, as well as ‘Mocha’, ‘Cabana’ and ‘i-Born’. They are also the authorised distributor for foreign luxury third-party brands of bathroom and kitchen sanitary ware products, namely ‘Bravat’ branded sanitary wares (non-exclusive distributor) and ‘Infinity’ branded sanitary wares (exclusive distributor) in Malaysia.
For more information, please log on to https://www.sorento.com.my/
Released on behalf of Sorento Capital Berhad by Capital Front Investor Relations.
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