Karex expects GP to accelerate growth

KUALA LUMPUR: Condom manufacturer Karex Bhd expects its newly-acquired Global Protection Corp (GP) to accelerate its annual sales growth to between 20% and 30% from the current 4%. 

"I am confident that this partnership will contribute positively to both our top and bottom lines," Karex chief executive officer Goh Miah Kiat told reporters at a briefing attended by GP founder and chief executive officer Davin Wedel.