Sorento Capital Berhad announced its second quarter (“2QFY26”) and six months (“1HFY26”) financial results for the period ended 31 December 2025.
During the 6-month period under review, Sorento Capital recorded revenue of RM91.3 million, compared to RM94.8 million in the previous year’s corresponding period . The marginally lower revenue was mainly attributable to softer contributions from dealers and project-based sales.
In 1HFY26, sales to dealers and project-based customers remained the Group’s primary revenue stream, contributing RM59.8 million and RM30.9 million, respectively. Collectively, these channels accounted for 99.3% of the Group’s total revenue in 1HFY26, with the balance derived from online sales.
Despite the modest revenue performance in 1HFY26, the Group’s profit before tax rose 30.4% to RM22.3 million from RM17.1 million in 1HFY25, while profit after tax increased 39.2% to RM16.7 million from RM12.0 million in the preceding year’s corresponding period. The improvement was primarily driven by improved cost management and operating efficiency, as well as lower operating expenses following the absence of one-off listing expenses incurred in the prior financial year.
On a quarterly basis, Sorento Capital recorded revenue of RM47.2 million in 2QFY26, as compared to RM49.7 million in the corresponding quarter of preceding financial year. Meanwhile, PBT and PAT for 2QFY26 came in at RM11.6 million and RM8.7 million, respectively, representing year-over-year increase of 18.4% and 24.3%, attributable to the aforementioned factors.
The Board has also today declared and approved an interim dividend of 0.5 sen per share for the financial year ending 30 June 2026.
