In January to March 2010, the company posted a loss of RON1.57 million.
Centrofarm reported total sales of RON39 million in the first quarter, down 8.6% from RON42.7 million in the same period last year.
The company is 95.4% owned by board president Alain Louis Bonte.
Bonte plans to delist the company from Rasdaq market in Bucharest, following a buyout offer unfolded in February.
At the most recent transaction in Bucharest, Centrofarm’s shares rose 16.7% at RON3.501 a unit.
Centrofarm operates over 60 drugstores in Romania and employs 432 staff. (EUR1=RON4.0842)