Treet Corporation Limited (TCL)
Treet Corporation Limited (“the Holding Company”) was incorporated in Pakistan on 22 January 1977 as a Public Limited Company under the Companies Act, 1913 (now Companies Act, 2017). Its shares are quoted on Pakistan Stock Exchange Limited. The principal activity of the Holding Company is manufacturing and sale of razors and razor blades along with other trading activities.
First Treet Manufacturing Modaraba (FTMM)
First Treet Manufacturing Modaraba (“the Modaraba”) is a multipurpose, perpetual and multi dimensional Modaraba formed on 27 July 2005 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and rules framed there under and is managed by Treet Holdings Limited (a subsidiary of Treet Corporation Limited), incorporated in Pakistan under the Companies Ordinance, 1984 (now Companies Act, 2017) and registered with the Registrar of Modaraba Companies. The Modaraba is listed on Pakistan Stock Exchange Limited. The Modaraba is engaged in the manufacture and sale of corrugated boxes and soaps. The registered office and manufacturing facility of the Modaraba are situated at 72-B, Kot Lakhpat, Industrial Area, Lahore.
Highlights
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Basic EPS | 0.75 | 4.88 | 8.93 | (1.14) | 1.73 | (0.52) |
| Diluted EPS | 0.75 | 4.85 | 8.86 | (1.14) | 1.73 | (0.52) |
| Break Up Value | 87.63 | 85.97 | 80.01 | 66.27 | 68.63 | 52.05 |
| Current Ratio | 1.01 | 0.74 | 0.59 | 1.08 | 0.95 | 0.94 |
| Gross Profit Margin (%) | 32 | 30.15 | 33.63 | 32.82 | 32.80 | 23.30 |
| Net Profit Margin (%) | 1 | 11.61 | 20.32 | (3.15) | 4.18 | (1.36) |
| Net Asset | 15,320,007 | 15,029,849 | 14,298,809 | 11,253,976 | 11,354,037 | 8,332,386 |
| Current Assets | 8,425,327 | 6,383,991 | 4,908,605 | 10,388,074 | 9,517,800 | 8,424,678 |
| Current Liabilities | 8,375,000 | 8,599,700 | 8,281,056 | 9,605,517 | 10,057,904 | 8,970,551 |
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
| EPS | (0.63) | (2.42) | (15.26) | (12.23) |
| Break Up Value | 4.95 | 7.02 | -12.10 | 3.16 |
| EPS Growth (%) | 73.97 | 84.14 | (24.78) | (568.31) |
| PEG | (0.23) | (0.08) | 0.03 | 0.00 |
Payouts
| Date | Financial Results | Details | Book Closure |
|---|---|---|---|
| August 3, 2023 3:23 PM | - | 107.602% AT A PREMIUM OF Rs. 3/= PER SHARE (R) | 14/11/2023 - 20/11/2023 |
| October 26, 2021 3:41 PM | 30/06/2021(YR) | 10%(F) (D) | 16/11/2021 - 23/11/2021 |
| October 5, 2017 3:56 PM | 30/06/2017(YR) | 10% (B) | 24/10/2017 - 31/10/2017 |
| October 7, 2016 6:04 PM | 30/06/2016(YR) | DIVIDEND =10% | 24/10/2016 - 31/10/2016 |
| October 6, 2015 3:03 PM | 30/06/2015(YR) | 10% (D) | 24/10/2015 - 31/10/2015 |
| April 24, 2015 4:08 PM | 31/03/2015(IIIQ) | 150% AT A PREMIUM OF RS.40/- (R) | 12/05/2015 - 18/05/2015 |
| September 29, 2014 1:54 PM | 30/06/2014(YR) | 20% (D) | 24/10/2014 - 31/10/2014 |
| October 1, 2013 2:32 PM | 30/06/2013(YR) | 20% (D) | 24/10/2013 - 31/10/2013 |
| August 30, 2013 3:14 PM | - | 15% AT APREMIUM OF RS. 70/= PER SHARES (R) | - |
| October 2, 2012 2:49 PM | 30/06/2012(YR) | 20%(F) (D) | 25/10/2012 - 31/10/2012 |
| June 11, 2012 3:54 PM | - | 100% PARTICIPATION TERM CERT.(PTC) FACE VALUE OF RS.30/- PER SHARE (R) | 14/07/2012 - 20/07/2012 |
| Date | Financial Results | Details | Book Closure |
|---|---|---|---|
| October 5, 2017 3:53 PM | 30/06/2017(YR) | 5.98% (D) | 24/10/2017 - 31/10/2017 |
| October 7, 2016 6:42 PM | 30/06/2016(YR) | 6.27% (D) | 24/10/2016 - 31/10/2016 |
