But it was also RIC’s best quarter in nearly three years, with the loss of VND457 million (US$19,525) representing a fraction of the VND18.4 billion it had lost in the same period last year.
Revenues nearly doubled from last year to VND41.5 billion as visitors started returning post-Covid.
This year the company hopes to end a three-year losing streak with profits of $500,000. It has reached a third of the target in the first six months.
RIC, which has a charter capital of $22 million, was delisted from the Ho Chi Minh Stock Exchange in May due to consecutive 3-year losses.