Treet Corporation Explained

Treet Corporation
Type:Public
Founder:Syed Wajid Ali
Area Served:Pakistan
Key People:Syed Sheharyar Ali (CEO)
Syed Shahid Ali (chairman)
Industry:Personal care
Location:Lahore, Pakistan
Revenue Year:2023
Income Year:2023
Net Income Year:2023
Equity Year:2023
Owner:Syed Shahid Ali (31.41%)
Syed Sheharyar Ali (10.58%)
Num Employees:2,697
Num Employees Year:2023
Footnotes:Financials [1]

Treet Corporation (ur|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]

It is listed on the Pakistan Stock Exchange.[5] [4]

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 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.[6]

Products

Notes and References

  1. Web site: Treet Corporation Annual Report 2023. 20 July 2024.
  2. Web site: Can Treet Corporation overcome its beard problem?. Zain. Naeem. 27 May 2024. Profit by Pakistan Today.
  3. Web site: Is Treet Corporation Pakistan's next big conglomerate?. 19 February 2018.
  4. Web site: Venturing into alternative territories. Dilawar. Hussain. 23 January 2017. Dawn. 18 December 2018.
  5. Web site: Treet holds corporate briefing programme. The Nation. 20 September 2017. 18 December 2018.
  6. Web site: Naeem . Zain . 2024-01-14 . Trick or Treet: Decoding the meteoric rise in the stock price of the battery manufacturer . 2024-01-25 . Profit by Pakistan Today . en-US.
  7. Web site: Treet invests Rs6 billion in battery manufacturing plant . The Express Tribune. 21 September 2017. 18 December 2018.