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With Malaysia’s economy projected to grow by 4% to 4.5% in 2026 and the construction sector expected to remain stable, Sorento is well-positioned to benefit from steady industry conditions. Even if new property launches moderate, the replacement and maintenance segment is expected to serve as a key driver of sustainable growth, providing recurring demand and greater resilience against cyclical slowdowns in new project development.
Sorento looks like it can ride on that steady construction growth and the replacement/maintenance demand, which is good for predictable earnings thru out the year
slight retrace but ok since Sorento managed to grow its profits significantly with their smart spending oni mproved cost management and operational efficiency
So far sorento is in a very healthy financial position, they currently have RM48.0 million in cash, which dwarfs their tiny debt of RM3.5 million. Sorento also manage to generated RM24.8 million in net operating cash flow during this 6-month period
