Colgate-Palmolive Pakistan
Colgate-Palmolive Pakistan (Urdu: کولگیٹ پامولِیو پاکستان), 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.
| Company type | Public |
|---|---|
| PSX: COLG | |
| Industry | Consumer goods |
| Founded | 1977 |
| Headquarters | Karachi, Pakistan |
Key people | Zulfiqar Ali Lakhani (CEO) Iqbal Ali Lakhani (chairman) |
| Products | Colgate, Palmolive, Brite, Bonus, Softlan, Express, and Lemon Max |
| Revenue | Rs. 91.459 billion (US$320 million) (2023) |
| Rs. 16.684 billion (US$58 million) (2023) | |
| Rs. 10.336 billion (US$36 million) (2023) | |
| Total assets | Rs. 47.446 billion (US$160 million) (2023) |
| Total equity | Rs. 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 |
| Footnotes / references Financials As of 30 June 2023 [1] | |
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 2019, the Competition Commission of Pakistan imposed Rs. 10 million on the company for running deceptive marketing campaign.[5]
References
- "Colgate-Palmolive Pakistan Annual Report 2023". Retrieved 18 May 2024.
- "corporate watch: Lakson to cede 21pc shares in Colgate". Dawn. 7 May 2019. Retrieved 31 July 2020.
- Mehdi, Ali Raza (16 December 2013). "Colgate Palmolive Pakistan's increasing expenses". DAWN.COM.
- "Colgate Palmolive (Pakistan) Limited". Business Recorder. 18 December 2018. Retrieved 31 July 2020.
- "Colgate-Palmolive slapped Rs10m fine for deceptive marketing". Dawn. 16 August 2017. Retrieved 31 July 2020.
- "Fire breaks out at Colgate Palmolive's Kotri factory". Profit by Pakistan Today. 1 February 2018.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.