CEBU-BASED fuel retailer Top Line Business Development Corp. saw a 157-percent surge in net income for the first nine months of 2024 to P90.5 million — a result it described as a record high — from P35.2 million in the same period a year earlier.
"Top Line has been growing consistently over the years, and our record-high net income growth is fueled by the strength of our business model and strategy, resulting in robust volume sales, improved gross margins and better income streams," Top Line Chairman, President and CEO Erik Lim said.