Thai Binh Cement JSC swung to a net loss of VND1.5bn (US$70,740) in the second quarter of 2013 from a net profit of VND246m a year ago.

The company generated revenue of VND16.5bn in 2Q13 compared to VND18.8bn over the same quarter of 2012.

For the first six months to the end of June 2013, TBX reported VND300m net loss on VND33bn revenue, compared to VND1bn net profit and VND37.3bn a year ago, respectively.