Karex upbeat about new high-margin product

Kenanga Research said the company is currently engaging with key original equipment manufacturers clients with a product launch targeted for FY25.

PETALING JAYA: Karex Bhd is in a good position to beef up its earnings going forward, partly due to a new high-margin product expected to be launched in its financial year 2025 (FY25).

Besides this, lower production costs and operational efficiencies are expected to further spur the condom maker’s earnings growth despite downside risks.