Showing posts with label LBC Express Holdings Inc.. Show all posts
Showing posts with label LBC Express Holdings Inc.. Show all posts

Friday, August 22, 2025

LBC Express Returns to Profit in First Half of 2025

LBC Express Holdings Inc. (LBC) posted a net income of ₱181.3 million in the first half of 2025, marking a turnaround from the ₱190.9 million net loss recorded in the same period last year. The results reflect the company’s steady progress in strengthening operations and adapting to market conditions as it marks its 75th year of service.

In a disclosure to the stock exchange, LBC said service revenues for the six months ended June 30, 2025, reached ₱6.98 billion, compared with ₱7.13 billion in the same period of 2024. Despite the slight dip, gross profit climbed 6 percent to ₱1.63 billion, driven by a 4-percent reduction in service costs and sustained demand across its logistics and money service lines.