LBC Express Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net loss was PHP 9.84 million compared to net income of PHP 207 million a year ago. Basic loss per share from continuing operations was PHP 0.01 compared to basic earnings per share from continuing operations of PHP 0.15 a year ago.

Diluted loss per share from continuing operations was PHP 0.01 compared to diluted earnings per share from continuing operations of PHP 0.12 a year ago.