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JREI realizes net loss of $0.17 million in H1 2017

2017-08-15

According to the financial statements of Jerusalem Real Estate Investment JREI for the first half of 2017, Net Loss after tax of the period reached (170,387) USD Compared with Net Loss after tax (534,286) USD for 2016, a net decrease in loss of 68.11%.Total assets of the company reached 11,232,861 USD compared with total assets of 11,257,134 USD at the end of year 2016, a net decrease of 0.22%.Total liabilities of the company reached 3,508,055 USD compared with total liabilities of 3,559,558 USD at the end of year 2016, a net decrease of 1.44%. Net ownership equity of the company reached 7,724,806 USD compared with total owner equity of 7,697,576 USD at the end of year 2016, a net increase of 0.35%.