Centrofarm slips into the red, despite 72% growth in business - Azi

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The revenues of Centrofarm Bucharest drugstore network increased 2.3 times in the first six months to 76.58 million RON (21.2 million euros), mainly as a result of the sale by the majority shareholder Generalcom Bucharest of 22.3 million euros" worth of assets, the half-year report the company filed with the Stock Exchange reveals.

The assets sold were registered with an accounting value of 19.1 million RON. The company posted 2.9 million RON losses in the first six months, compared with 1.6...

Read the whole story in: Ziarul Financiar