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Colgate-Palmolive Pakistan

From Wikipedia, the free encyclopedia
Pakistani subsidiary of Colgate-Palmolive
Colgate-Palmolive Pakistan
Company typePublic
PSXCOLG
KSE 100 component
IndustryConsumer goods
Founded1977; 48 years ago (1977)
HeadquartersKarachi, Pakistan
Key people
Zulfiqar Ali Lakhani (CEO)
Iqbal Ali Lakhani (chairman)
ProductsColgate, Palmolive, Brite, Bonus, Softlan, Express, and Lemon Max
RevenueIncrease Rs. 91.459 billion (US320ドル million) (2023)
Increase Rs. 16.684 billion (US58ドル million) (2023)
Increase Rs. 10.336 billion (US36ドル million) (2023)
Total assets Increase Rs. 47.446 billion (US160ドル million) (2023)
Total equity Increase Rs. 24.316 billion (US84ドル million) (2023)
OwnerColgate-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
Websitecolgate.com.pk
Footnotes / references
Financials as of 30 June 2023[update] [1]

Colgate-Palmolive Pakistan, 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.

It operates in oral care, personal care, and fabric care sectors.[4]

History

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Colgate-Palmolive Pakistan was founded in 1977 as National Detergents Limited.[4] In 1985, National Detergents received licence to produce Colgate-Palmolive products in Pakistan.[5]

In 1990, National Detergents was renamed as Colgate-Palmolive Pakistan when Colgate-Palmolive became its shareholder.[6]

In 2019, the Competition Commission of Pakistan imposed Rs. 10 million on the company for running deceptive marketing campaign.[7]

Factories

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Brands

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References

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  1. ^ "Colgate-Palmolive Pakistan Annual Report 2023" . Retrieved 18 May 2024.
  2. ^ "corporate watch: Lakson to cede 21pc shares in Colgate". Dawn. 7 May 2019. Retrieved 31 July 2020.
  3. ^ Mehdi, Ali Raza (16 December 2013). "Colgate Palmolive Pakistan's increasing expenses". DAWN.COM.
  4. ^ a b c d e f g h "Colgate Palmolive (Pakistan) Limited". Business Recorder. 18 December 2018. Retrieved 31 July 2020.
  5. ^ "Healthcare: COLGATE-PALMOLIVE (PAKISTAN) LIMITED - Analysis of Financial Statements Financial Year 2003 - Q 2003 2008". Brecorder. 20 October 2008.
  6. ^ Research, B. R. (23 September 2022). "Colgate-Palmolive (Pakistan) Limited". Brecorder.
  7. ^ "Colgate-Palmolive slapped Rs10m fine for deceptive marketing". Dawn. 16 August 2017. Retrieved 31 July 2020.
  8. ^ "Fire breaks out at Colgate Palmolive's Kotri factory". Profit by Pakistan Today. 1 February 2018.
People
Current
  • Ian Cook (Executive Chairman)
  • Noel Wallace (President and CEO)
Former
Brands
Related
Pakistan KSE 100 companies of Pakistan
As of October 2024
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