KLANG: Bathroom and kitchen sanitary ware solution provider Sorento Capital Bhd recorded a revenue of RM44.1 million for the first quarter (Q1) ended September 30, 2025 (FY26), broadly in line with the RM45.0 million achieved in Q1 FY25.
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 from online sales.
Despite the marginally lower revenue, the company’s 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 Q1 FY25.
This translates into a healthy net profit margin of 18.1%.
Managing director Loo Chai Lai said the company’s 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 the 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 tap into the Singaporean market.
“Given Johor’s 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,” he said in a statement.
These initiatives align well with the progress taking place in Johor’s property and infrastructure sectors, which remain 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 billion.
This expansion was driven by robust 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 work segments, for 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,” Loo said.
Sorento Capital remains financially strong, with cash and cash equivalents of RM43.5 million as at September 30, 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 October 28, 2024 and successfully raised RM57.4 million from its initial
public offering.
