LBC Express Holdings, Inc. Operating Income Steadily Growing

 
Manila, Philippines: LBC Express Holdings, Inc., considered one of the
Philippines’ largest logistics and money services company is relentless in its
commitment to serve the nation, and Filipinos all over the world. As it moves forward
into its 75th year of operations in 2025, LBC continues to adapt and adjust its capacities
and reliable services to better serve shifting market demands.
 
In recent years, the Company’s Operating Income has steadily grown—increasing more
than 500% in 2023 from 2021. In 2023, Operating Income was registered at ₱555
Million; in 2021, ₱99 Million. In the first half of 2024, the Company’s unaudited financials
revealed ₱332 Million in Operating Income, evidence of the continuous uptrend. This
improvement is borne largely from the Company’s operating subsidiaries progressing
efficiencies.
 
Amid the economic challenges the Company faced due to inevitable cost increases in
recent years, productivity has increased by 15%, in 2024. 
           
The Company has appended its capacities for pick-up of parcels and packages with a
complimentary pick-up service available online through the LBC website and mobile
application, making it convenient for customers to avail of, anywhere they may be.
 
The company embarked on an enterprise-wide restructuring of its operations and
configurations, with the aim of streamlining its systems and better serving customers.
LBC has also been making strides in improving its digital infrastructure, with an
enterprise-wide adaptation of developing technologies.
 
LBC remains steadfast, and bullish about its growth in the coming years, as it is
equipped to navigate fluctuations with internal and external factors. Into its 75th year,
LBC will continue to serve Filipinos with its hallmark brand of service, care, and
reliability that has made it a household name in the Philippines.