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Jerusalem Real Estate Investments (JREI) earns a pretax income of $46,618 in the first half of 2010

2010-08-16

Jerusalem Real Estate Investments (JREI) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a pretax income of $ 46,618 compared to $0.26 million in the first half of 2009. The company’s assets reached $ 14.99 million at the end 30/06/2010 after they reached $ 13.71 million on 31/12/2009. Total liabilities reached $ 4.36 million at the end of the first half of 2010 compared to $ 3.14 million as of 31/12/2009. Shareholders’ equity reached $ 10.62 million on 30/06/2010 after they reached $ 10.57 million at the end of 2009.