PETALING JAYA: Karex Bhd
is in a good position to beef up its earnings going forward, partly due to a new high-margin product expected to be launched in its financial year 2025 (FY25).
Besides this, lower production costs and operational efficiencies are expected to further spur the condom maker’s earnings growth despite downside risks.
Kenanga Research said one of its key takeaways from its recent visit to Karex’s manufacturing plant in Hat Yai, Thailand, is that the company remains upbeat on its new product – synthetic condoms that are thinner, feature improved heat sensitivity and require less material to produce.
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