TREET ANNOUNCES RS. 430 MILLION CAPITAL EXPENDITURE

Treet Corporation Limited (TREET) announced that “due to exceptionally high sales and strong demand for its Hygiene Razors, which have exceeded current production capacity. Accordingly, the Board of Directors has approved a PKR 430 million capital expenditure to expand the Hygiene Razor segment.”

This investment will enable TREET to meet rising demand (local and export), improve efficiency, and enhance shareholder value. The board of TREET has approved this strategic expansion to capitalise on the market’s strong demand.

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TREET share price was 31.90 today.

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