Karex -The world’s largest condom manufacturer
Do you know Karex condom? Karex is now the biggest condom manufacturers in the world. Last year its four factories in Malaysia and Thailand churned out 5 billion condoms–occupied about 15% of the world market, mostly exported to more than 120 countries. Karex expects to raise production to 6 billion condoms this year and to reach a rate of 7 billion by the end of 2017.
Karex grow rapidly over three decades as a contract condom manufacturer for the world’s famous brands, such as Durex, and supply bulk orders to global public health organization. Analysts expect revenue to have reached $91.4 million for the year ending June 30, a 35% rise in two years. Net profit is seen totaling $18.1 million, a 69% increase since fiscal 2014. That performance put it on our annual Best Under A Billion list for the first time.
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