LBC Express Holdings Inc. Stock Analysis LBC.PM

LBC Express Holdings, Inc. engages in investing in businesses of messengerial of letters, parcels, cargoes, wares, and merchandise; acceptance and remittance of money and bills payment; performance of other allied general services from one place of destination to another; and foreign exchange trading. The company employs 7,750 full-time employees The company went IPO on 2001-12-21. The firm is engaged in retail and corporate courier and cargo, money remittance, and logistics services. Its segments include logistics and money transfer services. The main services offered under its logistics business are domestic and international courier and freight forwarding services (by way of air, sea, and ground transport). Its logistics products are geared toward both retail and corporate clients. The money transfer services segment consists of remittance services (including branch retail services, prepaid remittance cards and online and mobile remit) and bill payment collection and corporate remittance payout services. The money transfer services segment includes an international presence through its branches, which comprises international inbound remittance services. The firm has a network of over 8,500 branches, partners, and agents in approximately 29 countries.