SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Jun 30, 2024

2. SEC Identification Number

AS93005277

3. BIR Tax Identification No.

002-648-099-000

4. Exact name of issuer as specified in its charter

LBC EXPRESS HOLDINGS, INC. (formerly FEDERAL RESOURCES INVESTMENT GROUP INC.)

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

LBC Hangar, General Aviation Center, Domestic Airport Road, Pasay City, Metro Manila Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8856 8510

9. Former name or former address, and former fiscal year, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	1,425,865,471

11. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange / Common Shares

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

LBC Express Holdings, Inc.LBC

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Jun 30, 2024
Currency (indicate units, if applicable)	PHP

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2024	Dec 31, 2023
Current Assets	6,594,150,670	6,640,044,406
Total Assets	14,914,140,575	15,374,768,418
Current Liabilities	10,308,903,718	10,230,993,031
Total Liabilities	13,235,765,324	13,448,688,558
Retained Earnings/(Deficit)	111,130,122	304,563,778
Stockholders' Equity	1,678,375,251	1,926,079,860
Stockholders' Equity - Parent	1,694,058,985	1,945,716,341
Book Value per Share	1.19	1.36

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	3,519,098,021	3,592,081,834	7,132,293,676	7,372,684,298
Gross Expense	3,418,384,656	3,541,600,752	6,801,194,504	7,081,741,240
Non-Operating Income	32,370,648	16,969,611	38,052,343	68,356,233
Non-Operating Expense	325,450,906	210,182,047	547,433,180	288,956,001
Income/(Loss) Before Tax	-192,366,893	-142,731,354	-178,281,665	70,343,290
Income Tax Expense	-13,764,570	-15,079,538	12,663,531	-11,781,002
Net Income/(Loss) After Tax	-178,602,323	-127,651,816	-190,945,196	82,124,292
Net Income Attributable to Parent Equity Holder	-183,588,863	-122,689,711	-193,433,656	84,310,828
Earnings/(Loss) Per Share (Basic)	-0.13	-0.09	-0.14	0.06
Earnings/(Loss) Per Share (Diluted)	-0.13	-0.09	-0.14	0.06

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-0.07	-0.29
Earnings/(Loss) Per Share (Diluted)	-0.07	-0.29

Other Relevant Information
None.