Philippine Racing Club, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 33.8 million compared to PHP 15.81 million a year ago. Revenue was PHP 33.95 million compared to PHP 47.22 million a year ago.

Net income was PHP 20.4 million compared to net loss of PHP 4.48 million a year ago. Basic earnings per share was PHP 0.0402 compared to basic loss per share of PHP 0.0088 a year ago. Diluted earnings per share was PHP 0.0402 compared to diluted loss per share of PHP 0.0088 a year ago.