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Condom shortage looms after biggest producers in Malaysia shut for Covid-19
KUALA LUMPUR (AFP): A global condom shortage is looming as the coronavirus pandemic shutters factories and disrupts supply chains, the world’s top maker of the contraceptives said, with the United Nations warning of “devastating” consequences.
Karex posts 1Q net loss of RM167,000
KUALA LUMPUR: Condom manufacturer Karex Bhd posted net losses attributable to shareholders of RM167,000 in the first quarter ended Sept 30,2019 compared with RM1.98mil a year ago due to high raw material prices.
Olympics - Sporting events put Japan businesses in the mood for love
TOKYO (Reuters) - As Japan gears up to host the Rugby World Cup and Olympic Games in consecutive years, many businesses are seizing on the opportunity to capitalise on the influx of tourists, media and athletes for both big events.
Lower earnings for Karex in FY17
KUALA LUMPUR: The world's largest condom maker Karex Bhd's earnings fell more than half for the financial year ended June 30, 2017 due to lower gross profit margin and other one-off expenses in relation to corporate exercises.
Condom industry may go limp
PETALING JAYA: Malaysia’s dominance in supplying global demand for condoms and rubber gloves could end if the freeze on foreign workers is not lifted.
ONE-way to break the taboo
IN many parts of Asia, there is still the underlying taboo on the topic of sex. Nevertheless, it is an important and necessary one as many are still oblivious to the dangers of unprotected sex.
Condom maker expands capacity
SHAH ALAM: World’s largest condom maker Karex Bhd is very bullish on its outlook and is planning on further capacity expansion over the next two years.
How far can Karex stretch?
Analysts say M&A activity can be a catalyst for the condom maker
RHB Research maintains Buy on Karex
KUALA LUMPUR: RHB Research has maintained its Buy call on Karex with a target price of RM3.43 pegged to a 20 times CY15 P/E and implying a 19.5% upside.
Karex and Global Protection together as ONE for the long haul
JUST about a month shy of its first listing anniversary, Karex Bhd is locking in higher future gross profit margins with its 55% acquisition of US-based Global Protection Corp (GP), the company that consummated the ONE brand condoms.
