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Jerusalem Real Estate Investments (JREI) earns a pretax income of $ 0.32 million in the third quarter of 2010

2010-11-01

Jerusalem Real Estate Investments (JREI) disclosed its financial statements for the third quarter of 2010, and the company’s financial results as of 30/09/2010 indicated a pretax income of $ 0.32 million comparing to a profit of $ 0.42 million in the third quarter of 2009. The company’s assets reached $ 15.39 million at the end 30/09/2010 after they reached $ 13.71 million on 31/12/2009. Total liabilities reached $ 4.50  million at the end of the third quarter of 2010 comparing to $ 3.14 million as of 31/12/2009. Shareholders’ equity reached $ 10.89 million on 30/09/2010 after they reached $ 10.57 million at the end of 2009.