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] |
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]
It is listed on the Pakistan Stock Exchange. [5] [4] [6]
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 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]
Panasonic Holdings Corporation is a Japanese multinational electronics company, headquartered in Kadoma, Osaka, Japan. It was founded in 1918 as Matsushita Electric Housewares Manufacturing Works in Fukushima, Osaka by Kōnosuke Matsushita. In 1935, it was incorporated and renamed Matsushita Electric Industrial Co., Ltd. In 2008, it changed its name to Panasonic Corporation. In 2022, it became a holding company and was renamed.
Daewoo also known as the Daewoo Group, was a major South Korean chaebol and automobile manufacturer.
A safety razor is a shaving implement with a protective device positioned between the edge of the blade and the skin. The initial purpose of these protective devices was to reduce the level of skill needed for injury-free shaving, thereby reducing the reliance on professional barbers.
Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in Clayton, Missouri. batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names and formerly owned several personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015.
Gillette is an American brand of safety razors and other personal care products including shaving supplies, owned by the multi-national corporation Procter & Gamble (P&G). Based in Boston, Massachusetts, United States, it was owned by The Gillette Company, a supplier of products under various brands until that company merged into P&G in 2005. The Gillette Company was founded by King C. Gillette in 1901 as a safety razor manufacturer.
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat, Bell Textron, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.
Wilkinson Sword is a British brand selling razors and other personal care products, currently owned by Edgewell Personal Care. The company was founded as a manufacturer of guns made in Shotley Bridge in County Durham, by Henry Nock in London in 1772.
Fauji Foundation, also known as Fauji Group, is a Pakistani conglomerate company based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security services and provides womb-to-tomb benefits to retired servicemen of Pakistan Armed Forces and their families.
Griffon Corporation is a multinational conglomerate headquartered in New York City. It operates as a diversified management and holding company. The company has five subsidiaries: Ames True Temper, ClosetMaid, Clopay Building Products, and CornellCookson. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices.
Syed Wajid Ali was a leading industrialist of Pakistan who is also known for his services to the Olympic Movement. He became the President of Pakistan Olympic Association in 1978 and stayed on the post for 26 years until he retired in 2004 to become the longest serving president in the history of the association. He is also known for promoting arts and culture as well as Red Crescent in Pakistan.
The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, Hyundai, Kia and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes-Benz to manufacture Mercedes Actros trucks in Pakistan. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.
Engro Corporation Limited is a Pakistani conglomerate headquartered in Karachi. Its businesses include energy, petrochemicals, fertilizers, port terminals, and telecommunications towers.
Dawood Hercules Corporation Limited, commonly known as Dawood Hercules, is a Pakistani holding company headquartered in Karachi.
LG Corporation, formerly known as Lucky-Goldstar, is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. According to the “Top 500 Global Brands” released by British consulting firm Brand finance, LG's brand value ranking rose from 90th to 83rd from the previous year.
Millat Tractors is a Pakistani agricultural machinery manufacturer based in Lahore, Punjab, Pakistan. Founded in 1964, it is the manufacturer of Massey Ferguson tractors in Pakistan with a production capacity of 40,000.
American Safety Razor Company is a personal care brand founded in 1906 by a merger of the Gem Cutlery Company and Ever-Ready. It is a principal competitor to Gillette, with which it shared a name from 1901 to 1904, when the latter renamed for its founder, King C. Gillette. It produces a range of personal care, medical and industrial blades with manufacturing operations in the Czech Republic, Germany, Israel, Mexico and the United States.
Lucky One Mall is a shopping mall located in Karachi, Sindh, Pakistan, which is owned by Yunus Brothers Group. It is the largest shopping mall in Pakistan, with an area of about 3.4 million square feet.
Nishat Group is a group of companies headquartered in Lahore, Pakistan. It was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mian Muhammad Mansha is the current chairman of the group.
Packages Limited, also known as Packages Group, is a Pakistani multinational packaging company based in Lahore.
Loads Limited is a Pakistani auto-parts maker based in Karachi. It manufactures exhaust systems, mufflers, radiators and sheet metal components.