Treet Corporation
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| Company type | Public |
|---|---|
| PSX: TREET | |
| Industry | Personal care |
| Founded | 1952 |
| Founder | Syed Wajid Ali |
| Headquarters | Lahore, Pakistan |
Area served | Pakistan |
Key people | Syed Sheharyar Ali (CEO) Syed Shahid Ali (chairman) |
| Revenue |  Rs. 23.352 billion (US$81 million) (2023) |
| Rs. 2.415 billion (US$8.4 million) (2023) | |
| Rs. -0.697 million (US$−2,400) (2023) | |
| Total equity | Rs. 9.513 billion (US$33 million) (2023) |
| Owner | Syed Shahid Ali (31.41%) Syed Sheharyar Ali (10.58%) |
Number of employees | 2,697 (2023) |
| Subsidiaries |
|
| Website | treetcorp |
| Footnotes / references Financials as of 30 June 2023[update][1] | |
Treet Corporation is a Pakistani conglomerate headquartered in Lahore.[2] It manufactures blades and razors, metal components, corrugated boxes for shipping and storage, batteries, and soaps.[3][4]
It is listed on the Pakistan Stock Exchange.[5][4][6]
History
[edit]Treet Corporation was founded and owned by Syed Maratib Ali and family. It was founded by Syed Wajid Ali in a joint venture with the American Safety Razor Company in Karachi. Later, it relocated the razor blade plant to Hyderabad, Sindh.
Treet Battery
[edit]Treet Battery was founded in 2018 as a part of the First Treet Manufacturing Modaraba which was managed by Treet Holdings Limited.[7] It sells Daewoo-branded batteries. Later, in April 2023, the Modaraba demerged the battery segment, resulting in the separate listing of company as Treet Battery.[8]
Products
[edit]- Conventional and disposable razors[4]
- Lead acid batteries (Daewoo brand batteries)[6]
- Corrugated boxes for packaging[4]
- Pharmaceuticals
- Soaps
- Metal components
References
[edit]- ^ "Treet Corporation Annual Report 2023". Retrieved 20 July 2024.
- ^ Naeem, Zain (27 May 2024). "Can Treet Corporation overcome its beard problem?". Profit by Pakistan Today.
- ^ "Is Treet Corporation Pakistan's next big conglomerate?". Profit by Pakistan Today. 19 February 2018.
- ^ a b c d Hussain, Dilawar (23 January 2017). "Venturing into alternative territories". Dawn. Retrieved 18 December 2018.
- ^ "Treet holds corporate briefing programme". The Nation. 20 September 2017. Retrieved 18 December 2018.
- ^ a b "Treet invests Rs6 billion in battery manufacturing plant". The Express Tribune. 21 September 2017. Retrieved 18 December 2018.
- ^ Naeem, Zain (9 December 2024). "In an industry riddled with challenges, Treet Battery has proven its mettle. Can they seal the deal?". Profit by Pakistan Today.
- ^ Naeem, Zain (14 January 2024). "Trick or Treet: Decoding the meteoric rise in the stock price of the battery manufacturer". Profit by Pakistan Today. Retrieved 25 January 2024.
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