Treet Corporation (Urdu: ٹریٹ کارپوریشن) is a Pakistani conglomerate company headquartered in Lahore.[2] It manufactures blades and razors, metal components, corrugated boxes for shipping and storage, batteries, and soaps.[3][4]
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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] | |
It is listed on the Pakistan Stock Exchange.[5][4][6]
History
editTreet 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
editTreet Battery was founded as a part of the First Treet Manufacturing Modaraba which was managed by Treet Holdings Limited. Later, On, 1st of April 2023, the Modaraba demerged the battery segment, resulting in the separate listing of company as Treet Battery.[7]
Products
editReferences
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?". 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 (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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