Treet Corporation

Treet Corporation
TypePublic
PSX: TREET
IndustryPersonal care
Founded1952; 74 years ago (1952)
FounderSyed Wajid Ali
HeadquartersLahore, Pakistan
Area served
Pakistan
Key peopleSyed Sheharyar Ali (CEO)
Syed Shahid Ali (chairman)
Decrease Rs. −131.279 million (US$−470,000) (2024)
Total equityIncrease Rs. 14.242 billion (US$51 million) (2024)
OwnerSyed 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
Websitetreetcorp.com
Footnotes
Financials as of 30 June 2024

Treet Corporation is a Pakistani conglomerate headquartered in Lahore. It manufactures blades and razors, metal components, corrugated boxes for shipping and storage, batteries, and soaps.

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. The original razor blade plant was located at Karachi's West Wharf and was later relocated to Hyderabad, Sindh in 1954.

In 1977, it was formally incorporated as Treet Corporation Limited under the Companies Act 1913.

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.

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. In April 2023, the Modaraba demerged the battery segment, resulting in the separate listing of company as Treet Battery Limited. Treet Battery later launched its lithium-ion battery under the Lithion NeoPower.

In 2023, Treet announced its entry into the shaving foam segment and formed Treet Shaving Foam in July 2024.

In 2025, Treet invested Rs 430 million to expand the production capacity of its hygiene razors.

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 Hussain, Dilawar (23 January 2017). "Venturing into alternative territories". Dawn. Retrieved 18 December 2018.
  5. 1 2 Husain, Farooq Tirmizi (17 October 2020). "Treet Corporation says goodbye to its for-profit education company". Profit by Pakistan Today.
  6. ↑ "Treet Corporation Limited". Business Recorder. 23 June 2025.
  7. ↑ Tirmizi, Farooq (19 February 2018). "Is Treet Corporation Pakistan's next big conglomerate?". Profit by Pakistan Today.
  8. ↑ 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.
  9. ↑ 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.
  10. ↑ "Treet launches lithium-ion battery products amid solar rush in Pakistan". Business Recorder.
  11. ↑ "Treet corporation prepares to launch lithium-ion batteries amid Pakistan's solar surge". Profit by Pakistan Today. 27 March 2026.
  12. ↑ "Treet Corp to venture into shaving foam business". Business Recorder. 6 September 2023.
  13. ↑ "Treet Corporation to invest Rs430 million to expand hygiene razor production". Profit by Pakistan Today. 12 November 2025.
  14. ↑ "Treet invests Rs6 billion in battery manufacturing plant". The Express Tribune. 21 September 2017. Retrieved 18 December 2018.