Karex 1Q net profit tumbles 73.4% to RM1.4mil

Quick Summary:

KUALA LUMPUR: Karex Bhd expects the global condom market to outpace global economic growth, driven by rising sexual health awareness and a shift to private sector models.

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The lower profit was mainly due to unfavourable foreign exchange movements during the quarter.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News Karex Personal lubricants Condoms /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 17:53:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 226 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23734824

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