Friday, February 9, 2018

LBC Express Holdings, Inc. (LBC)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
LBC Express Holdings, Inc. (LBC)
Sector
Services
Incorporation Date
Jul 12, 1993
Subsector
Transportation Services
Number of employees
6,539 (Group Total)
Board of Directors
Chairman: Miguel Angel A. Camahort
Website / E-mail
www.lbcexpressholdings.com / lbcholdings@lbcexpress.com
2. Stock Information
Total Assets
8,762,836,264
Market Capitalization
22,100,914,800.50
Total Liabilities
6,369,715,914
Outstanding Shares
1,425,865,471
Retained Earnings
689,253,043
Listed Shares
40,899,000
Listing Date
Dec 21, 2001
Issued Shares
1,425,865,471
Board Lot
100
Free Float Level (%)
15.41%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
LBC Development Corporation
84.59 %
4. Company Descriptions and Business Development
Notes
1. Santiago Araneta of LBC Express (LBC, a listed company), Amado Araneta of (Araneta Group – Araneta center, pizza hut, Dairy Queen, Taco Bell) and Gregorio Araneta of ARA/WEB are from Araneta Clan.
Overview
LBC Express was initially founded in 1950s as “Luzon Brokerage Corporation.” It is doing businesses through its wholly owned subsidiary, LBC Express, Inc.  To fulfill time-critical delivery service, it has 1,164 motorcycles and 514 vans. For domestic/international air/sea cargoes, it uses third party services.


Business
Revenue contribution in 2016 (in billion pesos)
Logistics services
Money transfer services
7.5
1.2
86%
14%
Logistic Services
Retail logistics accounted for around 66% while the corporate logistics took the rests.

Subsidiaries / Associates / Affiliates / Joint Ventures
It has 19 subsidiaries in the Philippines.
LBC Express, Inc (100%) owns all the subsidiaries and affiliates.
LBC Express Shipping Company, WLL (Kuwait, 49% by LBC Express, Inc)

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MARKET ISSUES

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