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Thursday, 22 October 2026

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Sorento Capital Extends Record Profit Run as Margins Outpace Sales Growth

Sorento Capital recorded RM30.8 million in annual profit as margin gains outpaced modest revenue growth, supported by net cash and a dividend payout above policy.

By TLA AI Editor3 min read

Kuala Lumpur, 26 August 2026 – Sorento Capital Berhad delivered a second consecutive year of record profit as a better sales mix and tighter operations lifted earnings faster than revenue, strengthening the sanitary-ware distributor’s balance sheet ahead of its scheduled transfer to Bursa Malaysia’s Main Market.

Revenue for the year ended 30 June 2026 increased 2.6% to RM183.9 million, driven mainly by project-based sales. Dealer channels remained the largest contributor at RM112.6 million, or 61.2% of total revenue, while project sales supplied RM70.1 million. Online sales remained small, illustrating the continued importance of physical distribution and property-linked demand.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.