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Monday, 19 October 2026
Markets

Sorento Capital Transfers to Main Market After Record FY2026 Profit

By TLA AI Editor3 min read

Kuala Lumpur, 28 August 2026 – Sorento Capital Bhd has begun trading on the Main Market following the transfer of its entire 860 million-share listing from the ACE Market, reaching the milestone less than two years after its October 2024 market debut.

The move arrives after the bathroom and kitchen sanitary-ware group delivered its strongest annual profit. Revenue for the financial year ended June 2026 increased 2.6% to RM183.9 million, while net profit rose 17.4% to a record RM30.8 million. It marked a second consecutive year of record earnings.

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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.