* Q2 loss C$0.01/shr vs EPS C$0.02 yr ago
* Rev down 3 pct
* Sees 2010 rev of C$70 mln-C$80 mln
Aug 9 (Reuters) - Canadian life sciences company GLG Life Tech Corp (GLG.TO) reported a second-quarter loss, hurt mainly by higher expenses.
For 2010, GLG Life — which supplies Stevia, a natural, zero-calorie sweetener used in food and beverages — sees revenue of C$70 million to C$80 million.
It expects 2010 capital expenditure of C$10 million to C$15 million.
GLG Life reported second-quarter net loss of C$228,000 ($222,200), or 1 Canadian cent a share, compared with net income of C$371,000, or 2 Canadian cents a share, a year ago.
Revenue fell 3 percent to C$10.5 million as the Canadian dollar strengthened against the U.S. dollar.
Analysts, on average, were expecting the company to post a loss of 1 Canadian cent a share, on revenue of C$12.7 million, according to Thomson Reuters I/B/E/S.
General and administrative expenses rose 49 percent to C$3.7 million. Shares of GLG, which recently signed marketing and distribution deal with Sugar Australia, closed at C$7.50 Friday on the Toronto Stock Exchange. ($1=1.026 Canadian Dollar) (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Maju Samuel)