LBC Express Holdings Inc. said it continues to adapt and adjust its capabilities and services as it reaches its 75th year of operation.
“In recent years, the company’s operating income has steadily grown –increasing more than 500 percent in 2023 from 2021. In 2023, operating income was registered at P555 million; in 2021, P99 million,” the company said in a statement.
“In the first half of 2024, the company’s unaudited financials revealed P332 million in operating income, evidence of the continuous uptrend. This improvement is borne largely from the company’s operating subsidiaries progressing efficiencies,” it added.
LBC said despite the challenges of cost increases in recent years, productivity has risen by 15 percent as of this year.
“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,” it said.
It also said it 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,” the company added.
