“We are primed for growth and expansion in the Visayas region by serving the underserved segments of the market,” he said. “With a fuel market that is expected to match Cebu’s rapid growth and development, we are constructing seven Light Fuels service stations and two Light Fuels Express service stations optimally located in Cebu Province and Metro Cebu.”
“The Light Fuels Express stations are meant to serve the motorcycle riders and other lighter vehicles which occupy a large segment of vehicle type usage in Metro Cebu,” Lim added.
Topline operates in commercial fuel trading, depot operations, and retail fuel under the Light Fuels brand.
Having recently marked its 11th year in operations, the company is focused on expanding its market footprint in the region.
Since shifting its core business to fuel supply and distribution in 2017, Topline has achieved a 53% compounded annual growth rate in diesel delivery volumes.
The company plans to construct seven Light Fuels service stations and two Light Fuels Express stations in Cebu Province and Metro Cebu.
The latter will cater to the large segment of motorcycle riders and lighter vehicles. Two new stations are expected to open in August 2024, aligning with Topline's goal of having 10 operating stations within the year
“In 2024, we are bolstering our efforts to synergize our operations through vertical integration by expanding in retail and commercial fuel trading while reinforcing our depot operations to meet the growing market demand in Cebu,” Lim added.
