Operating profit for the first three months stood at RON31.2 million, down 21.4% on the year, the company said in its earnings report Monday.
At the end of March 2021, the company had assets of RON1 billion, compared with RON1.033 billion at the end of 2020.
Zentiva has a stock market capitalization of RON1.99 billion and is the second largest generics producer in Romania by sales. The company has 766 employees.
It is owned by Czech group Zentiva, which bought the former Sicomed factory in 2005. The group is owned by investment fund Advent International and has production facilities in Bucharest, Prague (Czech Republic), and Akleswar (India).