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JREI realizes net loss of $0.31 million in H1 2014

2014-08-17

According to Jerusalem Real Estate Investment Company JREI’s data for the first six months of the year, net loss reached (314,515) USD, compared with a net loss of (1,189,299) USD from the first six months of 2013, a net decrease in loss of 73.6%. Total assets of the company reached 14,636,279 USD as of June 30^th, 2014, compared to total assets of 15,688,853 USD as of December 31^st, 2013, a net decrease of 6.7%. Total liabilities of the company reached 5,523,496 USD as of June 30^th, 2014, compared to total liabilities of 6,267,295 USD as of December 31^st, 2013, a net decrease of 11.9%. Net ownership equity of the company reached 9,112,783 USD as of June 30^th, 2014, compared with a net ownership equity of 9,421,558 USD as of December 31^st, 2013, a net decrease of 3.3% in the last six months.