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JREI realizes net loss of $0.42 million in Q1 2015

2015-04-30

According to Jerusalem Real Estate Investment Company JREI for Q1 2015, Net Loss after tax of the period reached (423,984) USD Compared with Net Loss after tax (161,508) USD for 2014, a net increase in loss of 162.52%.Total assets of the company reached 13,034,272 USD compared with total assets of 13,587,704 USD at the end of year 2014, a net decrease of 4.07%.Total liabilities of the company reached 5,271,550 USD compared with total liabilities of 5,420,333 USD at the end of year 2014, a net decrease of 2.74%. Net ownership equity of the company reached 7,762,722 USD compared with total owner equity of 8,167,371 USD at the end of year 2014, a net decrease of 4.95%.