Karex slips into the red


In Q4 of FY20, the condom maker made a net profit of RM1.43mil.

PETALING JAYA: Karex Bhd slid into a net loss of RM5.1mil for the fourth quarter (Q4) of its financial year ended June 30, 2021 (FY21) due to higher costs amid the operational disruption caused by the movement control order to contain the Covid-19 pandemic.

In Q4 of FY20, the condom maker made a net profit of RM1.43mil.

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