PRC fundamentals

Philippine Racing Club, Inc. engages in the in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. The firm is also engaged in acquiring and developing real properties but not limited to leisure, recreational and memorial parks and owning, operating, managing, and selling real estate. It operates through the following segments: Real Estate Operations, Club Racing Operations, Leasing, and, Sale of Food, Beverage & Services. The Real Estate Operations segment refers to general real estate business, such as development and sale of land and condominium units. The Club Racing Operations segment refers to the operation and maintenance of racetracks and holding of horse races. The Leasing segment relates to the leasing of horse stables, condominium units, and other facilities. The Sale of Food, Beverage & Services segment refers to merchandising operations of food and non-food items, including the related services. The company was founded on May 2, 1937 and is headquartered in Naic, Philippines.