Lacklustre earnings by small and mid-caps but larger firms fare better


PETALING JAYA: The recent quarterly earnings period has so far displayed some disappointing results due to lower-than-expected numbers stemming from small and medium-sized firms while blue-chip counters fared better.

Among the notable mid-capitalised companies that disappointed is condom maker Karex Bhd, which saw its profit nosedive by 76% to RM2.9mil in the fourth quarter ended June 30.

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