Cebu fuel firm Topline seeks ‘niche market’ in growing motorcycle industry

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Cebu News

Central Visayas,Oil Industry,Business

Cebu-based fuel firm Topline's CEO Eugene Erik Lim says Central Visayas is seeing an uptick in the number of motorcycles and light commercial vehicles plying roads

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Established in 2013, Topline’s main business ventures took root in Cebu’s real estate and leasing industry. In 2017, the company embarked on fuel supply and distribution for clients in construction, transportation, mining, agriculture, and other commercial sectors. Now, Topline is seeking to grab market share from the major fuel distributors by focusing on motorcycle users’ demand for gasoline.

Recent data from LTO Central Visayas showed that the agency released 287,502 plates for motorcycles and 200,739 plates for 4-wheeled vehicles from June 2023 to May 2024.April 2024 report

 

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