Colgate-Palmolive Pakistan

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Colgate-Palmolive Pakistan
Company type Public
PSX:  COLG
KSE 100 component
Industry Consumer goods
Founded1977;48 years ago (1977)
Headquarters Karachi, Pakistan
Key people
Zulfiqar Ali Lakhani (CEO)
Iqbal Ali Lakhani (chairman)
Products Colgate, Palmolive, Brite, Bonus, Softlan, Express, and Lemon Max
RevenueIncrease2.svgRs. 91.459 billion (US$320 million) (2023)
Increase2.svgRs. 16.684 billion (US$58 million) (2023)
Increase2.svgRs. 10.336 billion (US$36 million) (2023)
Total assets Increase2.svgRs. 47.446 billion (US$160 million) (2023)
Total equity Increase2.svgRs. 24.316 billion (US$84 million) (2023)
Owner Colgate-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)
Parent Colgate-Palmolive
Lakson Group
Website colgate.com.pk
Footnotes /references
Financials as of 30 June 2023 [1]

Colgate-Palmolive Pakistan, 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.

Contents

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

History

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

Brands

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References

  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. 1 2 3 4 5 6 7 8 "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.