Acquisitions fuel Top Line growth

Cebu-based fuel distributor Top Line Business Development Corp. expects to post record earnings and revenues in 2025 after its expansion plan leapfrogged from the initial target of 30 service stations by 2026 to 51 outlets by the end of this year.

- By JAMES A. LOYOLA

“We're looking, we’re hoping, it can be a banner year because of the 50 stations. From three stations last year, it’s now 50 stations this year,” said Top Line Chairman, President and Chief Executive Officer (CEO) Eugene Erik C. Lapasaran Lim.

He noted that, “it’s really a banner year, even in terms of revenue growth or top line growth or income... because of the acquisition.”

Lim expressed optimism that Top Line will post a high double-digit growth rate in revenues as a result of its retail presence’s expansion, adding that the revenue growth from these stations will be seen in the second-half financial performance.