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JREI realizes net loss of $0.29 million in 2015

2016-02-15

According to the financial statements of Jerusalem Real Estate Investment Company JREI for year 2015, Net Loss after tax of the period reached (287,437) USD Compared with Net Loss after tax (966,894) USD for 2014, a net decrease in loss of 70.27%.Total assets of the company reached 13,044,082 USD compared with total assets of 13,587,704 USD at the end of year 2014, a net decrease of 4.00%.Total liabilities of the company reached 5,164,148 USD compared with total liabilities of 5,420,333 USD at the end of year 2014, a net decrease of 4.72%. Net ownership equity of the company reached 7,879,934 USD compared with total owner equity of 8,167,371 USD at the end of year 2014, a net decrease of 3.52%.