Karex (5247) Keep it Simple

Karex 5247

Introduction:
1- family biz
2- manufacturing facilities : Pontian Johor, Port Klang Selangor, Hatyai Thai
3- 2000 employees, now 4 billion condom annually
4- now largest condom manufacturer in world
5- export 110 countries, africa, asia, america, europe
6- also out lubricating jelly, other medical devices
7- supply to global brand owner, develop self brand - CAREX, INNO to middle eastern countries
8- develop primary manufacturing machines: -can customize diff shape, textures, color, flavor...

Product:
-Condoms
-Probe cover
-Lubrication Jelly
-Foley Balloon Catheter

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Growth:
-produce higher quality, thinner condom
-lower labor cost, move to automation
-government tender resume (after election)


Threats:
-higher latex cost
-competitive pricing (with global brand)
-high expenses
-tender segment (lower tender segment), disrupted government funding for heathcare
-increase expenses on group expansion own branded manufacturing (OBM) (spend 30 mil each year, and 90mil (3 years total) on automation)
-strong ringgit (affect export)
-Branding take time for consumer accept *



- Data all from company official website
- for self record purpose only, GO GREEN.