Karex likely to sustain strong margins

TheStar Fri, May 24, 2024 12:00am - 1 month View Original


The condom manufacturer’s prospects are expected to be buoyed by rising demand in the global market.

PETALING JAYA: Karex Bhd’s earnings growth will likely continue to be robust, sustained by strong margins.

The condom manufacturer’s prospects are also expected to be buoyed by rising demand in the global market.

“Karex is poised to benefit significantly from the increase in global condom demand, projected by industry experts at a compounded annual growth rate of 8% to 9% over the coming decade,” said Kenanga Research.

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