The company posted a second quarter loss of 753 million pesos ($50.7 million), compared to a profit of 2.3 billion pesos over the same quarter last year.
The slide into the red came as second quarter revenues rose, year-on-year, from 40 billion pesos to nearly 52.8 billion pesos.
Offsetting the increased revenue was a 40.6% jump in the costs of sales to 42.8
