Strategic expansion fuelled the robust revenue and bottomline growth of Cebu-based Top Line Business Development Corporation in the first quarter of the year.In a disclosure to the Philippine Stock Exchange, the firm said its net income jumped by 38 percent year-on-year to ₱37.9 million in the...
From left to right: Light Fuels Retail Trade Manager, Dwight Christian Jonas Villon; Vice President and Head of Commercial Fuel Trade, Alvin Lato; First Vice President and Chief Financial Officer, Atty. Constance Marie Lim, CPA; Senior Vice President and Chief Operating Officer, Brigitte...
Top Line Chairman, President and CEO Eugene Erik C. Lapasaran Lim Cebu-based fuel distributor Top Line Business Development Corp. (Top Line) has set the final price for its initial public offering (IPO) at ₱0.31 per share, lower than the adjusted indicative price of ₱0.38 per share.Based on...
Cebu-based fuel distributor Top Line Business Development Corporation (Top Line) is negotiating with a potential strategic investor that will come during the firm's planned ₱900 million initial public offering (IPO).During a media briefing, Top Line Chairman, President, and CEO Eugene Erik C....
Top Line Business Development Corporation, a Cebu-based fuel retailer planning an initial public offering, reported a record high net income of P90.5 million in the first nine months of 2024, a 157 percent surge from P35.2 million for the same period in 2023. In a statement, the firm said its...
Cebu-based fuel retailer Top Line Business Development Corporation is again eyeing an initial public offering (IPO) but has significantly reduced the offer size to P900 million from P3.16 billion.In a statement, the firm said it optimized its total issued and outstanding common shares for its IPO to...
Cebu-based fuel retailer Top Line Business Development Corporation has decided to move the offer period for its P3.16 billion initial public offering (IPO) to the first quarter of 2025 from the initial kick off targeted on Nov. 27.In a statement, the firm said they decided to postpone the offering...
Cebu-based fuel retailer Top Line Business Development Corp. (Topline) is launching its P3.16 billion initial public offering before the year ends to be the last maiden offering at the Philippine Stock Exchange for 2024.The PSE said it has approved the firm's IPO tentatively slated for Nov. 27 to...
Top Line Business Development Corporation (Top Line) is planning to build fuel depots in Mactan and Bohol with a combined storage capacity of 30 million liters to support the continued expansion of its fuel retailing business in the Visayas.Based on the firm's draft prospectus filed with the...