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JREI realizes net loss of $0.73 million in 9M 2015

2015-10-29

According to the financial statements of Jerusalem Real Estate Investment Company JREI for the first nine months of 2015, Net Loss after tax of the period reached (727,323) USD Compared with Net Loss after tax (583,677) USD for 2014, a net increase in loss of 24.61%.Total assets of the company reached 13,218,238 USD compared with total assets of 13,587,704 USD at the end of year 2014, a net decrease of 2.72%.Total liabilities of the company reached 5,243,190 USD compared with total liabilities of 5,420,333 USD at the end of year 2014, a net decrease of 3.26%. Net ownership equity of the company reached 7,975,048 USD compared with total owner equity of 8,167,371 USD at the end of year 2014, a net decrease of 2.35%.