Tag: Light Fuels
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Top Line income surges on strong fuel sales
Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) maintained its strong momentum in the first nine months, with gross revenues climbing 27 percent to P3.09 billion from P2.44 billion a year earlier.
Fuel ventures drive Top Line Business profit surge
Listed fuel distributor Top Line Business Development Corp. (TOP) reported robust first-half results, with gross revenues climbing 26 percent to P1.97 billion from P1.56 billion a year ago. Net income rose 26 percent to P76.26 million, driven by strong performance in both commercial and retail fuel segments.
Top Line turbocharges growth with bold moves
Top Line Business Development Corp. has thrown the brakes off its expansion, shifting into overdrive on a growth strategy that was originally set to unfold over three years.
Top Line acquires 38 fuel stations, depot, tanker fleet for P925M
Top Line Business Development Corp. said on Tuesday it acquired 38 retail fuel stations, a 2-million-liter depot, and 15 fuel tanker trucks from Total Oil & Gas Resources Inc. and Ballston Metro Corp.
Top Line starts IPO, aims to raise P624.6M for expansion
Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.
