Tag: Top Line

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Top Line acquires 38 fuel stations, depot, tanker fleet for P925M 

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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. 

Surge in fuel sales drive Top Line 1Q earnings

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Top Line Business Development Corp., the Cebu-based oil distributor, reported a 38 percent year-on-year increase in net income, reaching P37.9 million in the first quarter, buoyed by robust fuel sales and strategic network expansion. 

Fuel sales drive Top Line earnings to record levels

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Top Line Business Development Corp. said Friday net income last year surged 49 percent  to P115 million, underscoring the strong growth trajectory of the Cebu-based oil and fuel distributor.

Top Line starts IPO, aims to raise P624.6M for expansion

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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.
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