Inquirer
Top Line’s top line surges by 27%, profit by 21% in Jan-Sep
Cebu-based TopLine Business Development Corp. (TopLine) reported a 21.1% increase in net income to P109.57 million for the first nine months of 2025, compared to P90.51 million in the same period last year.
The company's gross revenues grew by 26.9%, reaching P3.09 billion.
TopLine's retail fuel subsidiary, Light Fuels Corp., experienced a significant 152% surge in revenues to P132.08 million, driven by a 168% increase in retail fuel volume.
Commercial fuel trading also contributed positively, growing by 24.2% to P2.4 billion.
TopLine's CEO, Eugene Erik Lim, expressed optimism for the final quarter, noting that the company has already surpassed its full-year 2024 net income.
For the third quarter of 2025, TopLine's net income rose by 9.3% to P32.7 million, with revenues increasing by 28.3% to P1.12 billion.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
