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Colgate-Palmolive Pakistan

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Colgate-Palmolive Pakistan
Company typePublic
PSXCOLG
KSE 100 component
IndustryConsumer goods
Founded1977; 47 years ago (1977)
HeadquartersKarachi, Pakistan
Key people
Zulfiqar Ali Lakhani (CEO)
Iqbal Ali Lakhani (chairman)
ProductsColgate, Palmolive, Brite, Bonus, Softlan, Express, and Lemon Max
RevenueIncrease Rs. 91.459 billion (US$320 million) (2023)
Increase Rs. 16.684 billion (US$58 million) (2023)
Increase Rs. 10.336 billion (US$36 million) (2023)
Total assetsIncrease Rs. 47.446 billion (US$160 million) (2023)
Total equityIncrease Rs. 24.316 billion (US$84 million) (2023)
OwnerColgate-Palmolive (30%)
SIZA Services (25%)
SIZA Limited (17.4%)
Premier Fashions (12.20%)
Iqbal Ali Lakhani (4.5%)
SIZA Commodities (3.4%)
Number of employees
1,217 (2023)
ParentColgate-Palmolive
Lakson Group
Websitecolgate.com.pk
Footnotes / references
Financials as of 30 June 2023 [1]

Colgate-Palmolive Pakistan (Urdu: کولگیٹ پامولِیو پاکستان), formerly known as National Detergents Limited is a Pakistani consumer goods company which is a subsidiary of American multinational company Colgate-Palmolive.[2][3][4] It was founded in 1977 and is based in Karachi, Pakistan.

It operates in oral care, personal care, and fabric care sectors.[4]

History

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Colgate-Palmolive Pakistan was founded in 1977 as National Detergents Limited.[4] In 1985, National Detergents received licence to produce Colgate-Palmolive products in Pakistan.[5]

In 1990, National Detergents was renamed as Colgate-Palmolive Pakistan when Colgate-Palmolive became its shareholder.[6]

In 2019, the Competition Commission of Pakistan imposed Rs. 10 million on the company for running deceptive marketing campaign.[7]

Factories

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Brands

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References

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  1. ^ "Colgate-Palmolive Pakistan Annual Report 2023". Retrieved 18 May 2024.
  2. ^ "corporate watch: Lakson to cede 21pc shares in Colgate". Dawn. 7 May 2019. Retrieved 31 July 2020.
  3. ^ Mehdi, Ali Raza (16 December 2013). "Colgate Palmolive Pakistan's increasing expenses". DAWN.COM.
  4. ^ a b c d e f g h "Colgate Palmolive (Pakistan) Limited". Business Recorder. 18 December 2018. Retrieved 31 July 2020.
  5. ^ "Healthcare: COLGATE-PALMOLIVE (PAKISTAN) LIMITED - Analysis of Financial Statements Financial Year 2003 - Q 2003 2008". Brecorder. 20 October 2008.
  6. ^ Research, B. R. (23 September 2022). "Colgate-Palmolive (Pakistan) Limited". Brecorder.
  7. ^ "Colgate-Palmolive slapped Rs10m fine for deceptive marketing". Dawn. 16 August 2017. Retrieved 31 July 2020.
  8. ^ "Fire breaks out at Colgate Palmolive's Kotri factory". Profit by Pakistan Today. 1 February 2018.