Karex expects GP to accelerate growth


  • Business Premium
  • Friday, 03 Oct 2014

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.

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