Top Line Business Development Corp. posted a 61.6 percent surge in first-half net income as aggressive retail station expansion and commercial trading gains boosted operations.

In a disclosure to the Philippine Stock Exchange on Friday, Aug. 7, Top Line said net income reached ₱123.21 million for the six months through June from ₱76.26 million in the same period last year.

The result for the first six months alone exceeded the company’s full-year 2025 net income record of ₱120.3 million pesos. Consolidated revenues almost doubled, climbing 94.2 percent to ₱3.84 billion from ₱1.97 billion a year earlier.

“Our performance continues to be anchored on the strength of our commercial fuel business, while the increasing contribution of our Light Fuels retail segment gives us a broader platform for sustained growth,” Eugene Erik Lim, Top Line chairman, president, and chief executive officer, said.

Commercial fuel trading remained the principal driver of performance, generating ₱3.47 billion or 90.4 percent of total revenues during the six-month period. Commercial fuel sales volume rose 31.6 percent to 56.71 million liters.

Meanwhile, Top Line’s retail business—operating under the Light Fuels brand—gained market share through an ongoing network expansion across the Visayas region. Retail fuel revenue rose to ₱369.24 million as sales volume climbed to 5.30 million liters from 1.34 million liters during the same period in 2025.

For the second quarter, net income grew 59.5 percent year-on-year to ₱60.45 million, supported by a 35.9 percent increase in liquid fuel sales volume to 30.75 million liters.

Second-quarter commercial fuel volume reached 27.47 million liters, while retail volume expanded to 3.27 million liters from 710,000 liters a year earlier. (Gabriell Christel Galang)