Sorento Capital posts RM8.2 million net profit on RM47.3 million revenue in first quarter
Group declares second interim single-tier dividend of 0.5 sen per ordinary share PETALING JAYA: Bathroom and kitchen sanitary ware solution provider Sorento Capital Bhd recorded revenue of RM47.3 million and profit after tax (PAT) of RM8.2 million for its first quarter ended Sept 30, 2026 (Q1’27). G…
Sorento Capital Bhd reported first-quarter revenue of RM47.3 million and a net profit of RM8.2 million, driven by a 30.1% year-on-year increase in project-based sales.
Group revenue rose 7.3% year-on-year to RM47.3 million for the quarter ended September 30, 2026.
Project-based sales grew 30.1% to RM19.0 million, while dealer sales decreased to RM28.1 million.
Profit after tax increased 2.5% to RM8.2 million, resulting in a 17.3% profit margin.
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PETALING JAYA: Bathroom and kitchen sanitary ware solution provider Sorento Capital Bhd recorded revenue of RM47.3 million and profit after tax (PAT) of RM8.2 million for its first quarter ended Sept 30, 2026 (Q1’27).
Group revenue increased 7.3% year-on-year (YoY) from RM44.1 million in Q1’26, primarily supported by stronger contributions from project-based sales, which grew 30.1% YoY to RM19.0 million from RM14.6 million. Dealer sales contributed RM28.1 million in Q1’27, compared with RM29.1 million in Q1’26.
In line with the higher revenue, gross profit increased 3% to RM20.4 million from RM19.8 million in Q1’26, while PAT grew 2.5% YoY to RM8.2 million from RM8.0 million. The group recorded a gross profit margin of 43.1% and a PAT margin of 17.3% during the quarter.
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