Treet Battery Ltd.

Treet Battery Ltd.

PPSX:TBL
8.79
PKR
-0.17
(-1.90%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Syed Sheharyar Ali
Full Time Employees
272
Sector
Producer manufacturing
Industry
Electrical products
Address
Lahore Pakistan
IPO Date
Dec 15, 2023
Business
Treet Battery Limited is a Pakistan-based energy storage manufacturing company engaged in the production, marketing, and distribution of lead-acid storage batteries and backup power solutions. Operating as a subsidiary of Treet Corporation Limited, the company manufactures and sells a comprehensive portfolio of automotive and industrial batteries under the licensed Daewoo Battery brand name. Its primary product offerings encompass sealed maintenance-free automotive batteries for passenger cars, sport utility vehicles, and commercial transport; specialized deep-cycle batteries engineered for solar power systems, uninterrupted power supplies, and renewable energy storage; high-capacity tubular batteries for extended household and commercial backup; heavy-duty dry-charged batteries for commercial trucks, agricultural machinery, and buses; and specialized industrial battery solutions. The company serves original equipment manufacturers, retail replacement consumers, telecom operators, and solar system installers throughout Pakistan via an extensive nationwide distribution network of authorized dealers and service centers. The company operates an automated manufacturing facility located in the M-3 Industrial City, Faisalabad, Pakistan. Established through the battery operations launched by Treet Group in 2018 and headquartered in Lahore, Pakistan, the company underwent a corporate restructuring and demerger from First Treet Manufacturing Modaraba, leading to its direct listing as an independent entity on the Pakistan Stock Exchange in late 2023. Recently, Treet Battery Limited has expanded its production capacity and product lines to include specialized deep-cycle solar storage solutions, while executing equity rights offerings and balance sheet optimization strategies to meet rising national demand for residential and industrial solar power systems.