Fuji Latex Takes Hit to FY2019 Results Amid Overseas Sales Decline for Condoms

Fuji Latex Co. Ltd. (TYO:5199) has posted its business results for fiscal 2019, revealing sales revenue of 7.21 billion yen ($67.35 million) for a 13.5 percent year-on-year drop. For its profit metrics, the condom and medical products manufacturer posted 35 million yen in operating profit, down 94.1 percent; 33 million yen in ordinary profit, down 93.6 percent; and a net…

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