Kotra to gain from rising spending at pharmacies

Kotra's over-the-counter (OTC) products accounted for half of its financial year 2022 revenue, says Kenanga Research.

PETALING JAYA: Kotra Industries Bhd, which is involved in the pharmaceutical value chain, is expected to continue capitalising on the rising out-of-pocket healthcare expenditure at pharmacies.

According to Kenanga Research, out-of-pocket healthcare spending in Malaysia at private pharmacies delivered a 10-year compound annual growth rate (CAGR) of 11%.