LBC Express Holdings, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported service revenue of PHP 2,750,700,536 against PHP 2,458,185,460 a year ago. Income before income tax was PHP 699,586,039 against PHP 328,030,415 a year ago. Net income attributable to shareholders of the parent company was PHP 559,769,644 against PHP 229,491,376 a year ago. Earnings per share diluted were PHP 0.28 against PHP 0.16 a year ago. Net cash provided by operating activities was PHP 483,835,577 against PHP 88,443,987 a year ago. Acquisitions of property and equipment were PHP 100,648,129 against PHP 71,900,912 a year ago. Additions to intangible assets were PHP 30,700,480 against PHP 4,140,440 a year ago. Book value per share as at March 31, 2018 was PHP 2.04.