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Treet Corporation

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Pakistani manufacturer of razors and razor blades

Treet Corporation
Company typePublic
Traded asPSX: TREET
IndustryPersonal care
Founded1952; 72 years ago (1952)
FounderSyed Wajid Ali
HeadquartersLahore, Pakistan
Area servedPakistan
Key peopleSyed Sheharyar Ali (CEO)
Syed Shahid Ali (chairman)
RevenueIncrease Rs. 23.352 billion (US$81 million) (2023)
Operating incomeIncrease Rs. 2.415 billion (US$8.4 million) (2023)
Net incomeIncrease Rs. -0.697 million (US$−2,400) (2023)
Total equityIncrease Rs. 9.513 billion (US$33 million) (2023)
OwnerSyed Shahid Ali (31.41%)
Syed Sheharyar Ali (10.58%)
Number of employees2,697 (2023)
Subsidiaries
  • Treet Holdings Limited
  • First Treet Manufacturing Modaraba
  • Treet HR Management
  • Treet Power Limited
  • Renacon Pharma Limited
  • Treet Battery Limited
Websitetreetcorp.com
Footnotes / references
Financials as of 30 June 2023

Treet Corporation (Urdu: ٹریٹ کارپوریشن) is a Pakistani conglomerate company headquartered in Lahore. It manufactures blades and razors, metal components, corrugated boxes for shipping and storage, batteries, and soaps.

It is listed on the Pakistan Stock Exchange.

History

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

Treet Battery was founded in 2018 as a part of the First Treet Manufacturing Modaraba which was managed by Treet Holdings Limited. 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.

Products

  • Conventional and disposable razors
  • Lead acid batteries (Daewoo brand batteries)
  • Corrugated boxes for packaging
  • Pharmaceuticals
  • Soaps
  • Metal components

References

  1. "Treet Corporation Annual Report 2023". Retrieved 20 July 2024.
  2. Naeem, Zain (27 May 2024). "Can Treet Corporation overcome its beard problem?". Profit by Pakistan Today.
  3. "Is Treet Corporation Pakistan's next big conglomerate?". Profit by Pakistan Today. 19 February 2018.
  4. ^ Hussain, Dilawar (23 January 2017). "Venturing into alternative territories". Dawn. Retrieved 18 December 2018.
  5. "Treet holds corporate briefing programme". The Nation. 20 September 2017. Retrieved 18 December 2018.
  6. ^ "Treet invests Rs6 billion in battery manufacturing plant". The Express Tribune. 21 September 2017. Retrieved 18 December 2018.
  7. 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.
  8. 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.
Pakistan Companies of the KSE 100 Index
As of October 2024


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