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JREI realizes net loss of $0.94 million at the end of 2016


According to the financial statements of Jerusalem Real Estate Investment Company JREI for the year 2016, Net Loss after tax of the period reached (944,285) USD Compared with Net Loss after tax (877,558) USD for 2015, a net increase in loss of 7.60%.Total assets of the company reached 11,257,134 USD compared with total assets of 13,720,422 USD at the end of year 2015, a net decrease of 17.95%.Total liabilities of the company reached 3,559,558 USD compared with total liabilities of 5,164,212 USD at the end of year 2015, a net decrease of 31.07%. Net ownership equity of the company reached 7,697,576 USD compared with total owner equity of 8,556,210 USD at the end of year 2015, a net decrease of 10.04%.


Al-Quds Index in the red zone amid medium-volume trading

Al-Quds Index continued to decline amid lack of general incentives

The PEX records average PE of 19.7x and average P/BV of 1.10x in Q1 2024

JCC approves distributing 10% cash dividends for the year 2023



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