Topline Group expects 40% revenue growth

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Topline Group expects 40% revenue growth
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Topline Group of Companies, a Cebu-based conglomerate, expects revenues to rise 40 percent in 2024, driven by its core business of commercial fuel trade.

“We are happy for the growth of the company for the past 11 years. I believe we had over 50-percent sales growth in 2023. We’re more than happy to achieve a 40 percent,” said Topline Group president and chief executive Erik Lim in a casual conversation in Makati City Tuesday. The commercial fuel retailer plans to expand its storage capacity and respond to power/energy emergencies.

Lim said the company is also future-proofing several planned stations to house electric vehicle charging components.

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