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JREI realizes net loss of $0.58 million in 9M 2014

2014-11-02

According to Jerusalem Real Estate Investment Company JREI’s data for the first nine months of the year, net loss reached (583,677) USD, compared with a net loss of (1,368,360) USD from the first nine months of 2013, a net decrease in loss of 57.3%. Total assets of the company reached 14,729,725 USD as of September 30^th, 2014, compared to total assets of 15,688,853 USD as of December 31^st, 2013, a net decrease of 6.1%. Total liabilities of the company reached 5,908,906 USD as of September 30^th, 2014, compared to total liabilities of 6,267,295 USD as of December 31^st, 2013, a net decrease of 5.7%. Net ownership equity of the company reached 8,820,819 USD as of September 30^th, 2014, compared with a net ownership equity of 9,421,558 USD as of December 31^st, 2013, a net decrease of 6.4% in the first nine months.