Avicola Buzau reported a loss of 189,200 lei (EUR42,600) in the first quarter, compared to a net profit of RON2.9 million in the first three months of 2011.
The company said its sales fell to RON20 million in January through March, from RON32 million a year earlier.
Revenue declined 35% on the year to RON22.4 million, while costs fell 27% to RON22.5 million.
Aaylex Trading owns a 66.8% stake in Avicola Buzau.
On Rasdaq market Tuesday, Avicola closed down 2.4% at RON0.0283 a share in Bucharest. (EUR1=RON4.4411)