Treet Corporation

Last updated

Treet Corporation
Company type Public
PSX:  TREET
Industry Personal care
Founded1952;73 years ago (1952)
Founder Syed Wajid Ali
Headquarters Lahore, Pakistan
Area served
Pakistan
Key people
Syed Sheharyar Ali (CEO)
Syed Shahid Ali (chairman)
Decrease2.svgRs. −131.279 million (US$−450,000) (2024)
Total equity Increase2.svgRs. 14.242 billion (US$49 million) (2024)
Owner Syed Shahid Ali (31.41%)
Syed Sheharyar Ali (10.58%)
Number of employees
2,089 (2024)
Subsidiaries
  • Treet Holdings Limited
  • First Treet Manufacturing Modaraba
  • Treet HR Management
  • Treet Power Limited
  • Renacon Pharma Limited
  • Treet Battery Limited
Website treetcorp.com
Footnotes /references
Financials as of 30 June 2024 [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]

Contents

It is listed on the Pakistan Stock Exchange. [5] [4] [6]

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. [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

References

  1. ↑ "Treet Corporation Annual Report 2024" (PDF). Retrieved 27 April 2025.
  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. 1 2 3 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. 1 2 "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.