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JREI realizes net loss of $0.22 million in 9M 2017

2017-11-01

According to the financial statements of Jerusalem Real Estate Investment JREI for the first nine months of 2017, Net Loss after tax of the period reached (220,277) USD Compared with Net Loss after tax (787,006) USD for 2016, a net decrease in loss of 72.01%.Total assets of the company reached 11,950,286 USD compared with total assets of 11,257,134 USD at the end of year 2016, a net increase of 6.16%.Total liabilities of the company reached 4,071,154 USD compared with total liabilities of 3,559,558 USD at the end of year 2016, a net increase of 14.37%. Net ownership equity of the company reached 7,879,132 USD compared with total owner equity of 7,697,576 USD at the end of year 2016, a net increase of 2.36%.