Treet Corporation
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| 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) |
 Rs. −131.279 million (US$−470,000) (2024) | |
| Total equity |  Rs. 14.242 billion (US$51 million) (2024) |
| Owner | Syed Shahid Ali (31.41%) Syed Sheharyar Ali (10.58%) |
Number of employees | 2,089 (2024) |
| Subsidiaries |
|
| Website | treetcorp |
| Footnotes 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]
History
It was founded in 1952 by Syed Wajid Ali in Karachi as a joint venture with the American Safety Razor Company of the United States.[5] The original razor blade plant was located at Karachi's West Wharf and was later relocated to Hyderabad, Sindh in 1954.[5]
In 1977, it was formally incorporated as Treet Corporation Limited under the Companies Act 1913.[6]
In 2005, Treet established First Treet Manufacturing Modaraba, a multipurpose modaraba managed through Treet Holdings Limited, to undertake the manufacture of corrugated boxes and soaps.[7]
In 2018, Treet established a Daewoo maintenance-free and deep-cycle battery manufacturing plant at the Faisalabad Industrial Estate, as part of First Treet Manufacturing Modaraba.[8] In April 2023, the Modaraba demerged the battery segment, resulting in the separate listing of company as Treet Battery Limited.[9] Treet Battery later launched its lithium-ion battery under the Lithion NeoPower.[10][11]
In 2023, Treet announced its entry into the shaving foam segment and formed Treet Shaving Foam in July 2024.[12]
In 2025, Treet invested Rs 430 million to expand the production capacity of its hygiene razors.[13]
Products
References
- ↑ "Treet Corporation Annual Report 2024" (PDF). Retrieved 27 April 2025.
- ↑ Naeem, Zain (27 May 2024). "Can Treet Corporation overcome its beard problem?". Profit by Pakistan Today.
- ↑ "Is Treet Corporation Pakistan's next big conglomerate?". Profit by Pakistan Today. 19 February 2018.
- 1 2 3 Hussain, Dilawar (23 January 2017). "Venturing into alternative territories". Dawn. Retrieved 18 December 2018.
- 1 2 Husain, Farooq Tirmizi (17 October 2020). "Treet Corporation says goodbye to its for-profit education company". Profit by Pakistan Today.
- ↑ "Treet Corporation Limited". Business Recorder. 23 June 2025.
- ↑ Tirmizi, Farooq (19 February 2018). "Is Treet Corporation Pakistan's next big conglomerate?". Profit by Pakistan Today.
- ↑ 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.
- ↑ 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.
- ↑ "Treet launches lithium-ion battery products amid solar rush in Pakistan". Business Recorder.
- ↑ "Treet corporation prepares to launch lithium-ion batteries amid Pakistan's solar surge". Profit by Pakistan Today. 27 March 2026.
- ↑ "Treet Corp to venture into shaving foam business". Business Recorder. 6 September 2023.
- ↑ "Treet Corporation to invest Rs430 million to expand hygiene razor production". Profit by Pakistan Today. 12 November 2025.
- ↑ "Treet invests Rs6 billion in battery manufacturing plant". The Express Tribune. 21 September 2017. Retrieved 18 December 2018.