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Corporate News 23 Mar 2019 | 12:00 AM Premium

Karex faces more challenges ahead

Condom manufacturer Karex Bhd, which reported plunging profits in recent quarters, still sees headwinds ahead but remains unfazed, stating that its business is a long-term venture.

Business 03 Jun 2017 | 12:00 AM

Karex shares under pressure, although fundamentals remain intact

AFTER a good run in the last three years, Karex Bhd seems to have now lost some favour of investors. Concerns are growing over the medium-term prospects of the condom and rubber product manufacturer that has posted five consecutive quarters of earnings decline.

Business 30 Nov 2016 | 12:00 AM

Karex not affected by increase in latex prices

PORT KLANG: Condom maker Karex Bhd has not felt the rise of latex prices much as latex costs only constitute about 18% of the company’s total costs.

Corporate News 26 Jan 2016 | 12:51 PM

Karex to acquire US-based TheyFit assets for RM5.5mil

KUALA LUMPUR: Karex Holdings Sdn Bhd, a wholly-owned subsidiary of Karex Bhd, has signed an asset purchase agreement to purchase certain assets from Georgia, US-based TheyFit LLC worth US$1.3mil (RM5.55mil).

Business 01 Aug 2015 | 12:00 AM

How far can Karex stretch?

Analysts say M&A activity can be a catalyst for the condom maker

Economy 18 Oct 2014 | 12:00 AM

Mixed views on automation perks

KUALA LUMPUR: With the cost of hiring workers soaring in Malaysia as minimum wages kick in, the government is offering tax benefits to labour-intensive sectors going the automation route, a tactic that analysts say may help lift profits by up to 20%.

Business 03 Oct 2014 | 3:27 PM

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%.

Business 09 Aug 2014 | 12:00 AM

Karex buying into ‘The Safer Sex Company’ for RM21mil

PETALING JAYA: Karex Bhd has signed a memorandum of understanding (MoU) to buy a 55% equity interest in Global Protection Corp from founder and shareholder Davin Wedel for US$6.6mil (RM21.2mil).

Business 14 Apr 2014 | 1:40 PM

Karex shares highest since March 31

KUALA LUMPUR: Condom manufacturer Karex Bhd saw its shares surge to a high of RM3.19 at midday on Monday, the highest since March 31.