CEBU-BASED fuel retailer Top Line Business Development Corp. said it has opened eight latest fuel stations in Northern Cebu, expected so as to add as much as 1 million liters in monthly sales capability.
The openings follow the completion of renovations on its acquired fuel retail network, which has been rebranded under Light Fuels Express, the corporate said in an announcement on Thursday.
The initiative is an element of Top Line’s broader per-cluster renovation and rebranding program covering stations in Cebu, Leyte, Siquijor, and Negros Oriental.
Renovations for 3 more clusters are slated for completion by the tip of the yr. Meanwhile, stations which have yet to be rebranded proceed to operate and contribute to Top Line’s revenue stream.
“The completion of our Cluster 1 renovation shows how we maintain quality in our acquisitions, reflecting our disciplined approach to optimize each station to operate at full capability while maintaining efficiency and repair quality,” Top Line Senior Vice-President and Chief Operating Officer Brigitte Carmel C. Lim said.
“This cluster-based rollout allows us to scale systematically and capture demand in high-growth markets like Northern Cebu,” she added.
In accordance with the corporate, around 80% of Northern Cebu’s fuel market consists of two-wheeled vehicles, which fall throughout the goal market of Light Fuels Express.
Last yr, Top Line acquired 38 retail fuel stations, a two-million-liter depot facility, and 15 fuel tanker trucks from Total Oil & Gas Resources, Inc. and Ballston Metro Corp.
It has put aside roughly P925 million for the acquisition and renovation of stations in Cebu and latest locations, accelerating the rollout of its retail arm, Light Fuels, within the Visayas.
The renovated stations are expected to serve motorcycles and light-weight vehicles within the municipalities of Medellin, Bogo, Daanbantayan, Tabogon, Sogod, Borbon, Catmon, and Carmen.
The rebranding initiative strengthens its market presence by establishing “a consistent and recognizable Light Fuels identity across its retail network.”
Top Line began in leasing and real estate but entered the fuel industry in 2017. It’s now lively in business trading, depot operations, and retail fuel within the Visayas region. Through Light Fuels, the corporate introduced its first service station in Mandaue City, Cebu, in 2023. — Sheldeen Joy Talavera