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JREI posts net income of $0.01 million at the end of 2017

2018-02-18

According to the financial statements of Jerusalem Real Estate Investment JREI for the year 2017, Net profit after tax of the period reached 15,480 USD Compared with Net Loss after tax (944,285) USD for 2016.Total assets of the company reached 12,372,858 USD compared with total assets of 11,257,134 USD at the end of year 2016, a net increase of 9.91%.Total liabilities of the company reached 4,295,295 USD compared with total liabilities of 3,559,558 USD at the end of year 2016, a net increase of 20.66%. Net ownership equity of the company reached 8,077,563 USD compared with total owner equity of 7,697,576 USD at the end of year 2016, a net increase of 4.94%.