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Jerusalem Real Estate Investment Company realizes loss of $1.19 million in H1 2013

2013-08-18

According to company data for the first six months of the year, net loss reached (1,189,299) USD, compared with a net loss of (82,603) USD from the first six months of 2012, a net increase in loss of 1339.8%. Total assets of the company reached 15,297,835 USD as of June 30^th, 2013, compared to total assets of 16,479,245 USD as of December 31^st, 2012, a net decrease of 7.2%. Total liabilities of the company reached 6,136,164 USD as of June 30^th, 2013, compared to total liabilities of 5,982,981 USD as of December 31^st, 2012, a net increase of 2.6%. Net ownership equity of the company reached 9,161,671 USD as of June 30^th, 2013, compared with a net ownership equity of 10,496,264 USD as of December 31^st, 2012, a net decrease of 12.7% in the last six months.