Colgate-Palmolive Pakistan
Pakistani subsidiary of Colgate-Palmolive
From Wikipedia, the free encyclopedia
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.
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| Type | Public |
|---|---|
| PSX: COLG KSE 100 component | |
| 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$330 million) (2023) |
| Rs. 16.684 billion (US$60 million) (2023) | |
| Rs. 10.336 billion (US$37 million) (2023) | |
| Total assets | Rs. 47.446 billion (US$170 million) (2023) |
| Total equity | Rs. 24.316 billion (US$87 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 Financials as of 30 June 2023[update] [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 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]
