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JREI realizes net loss of $0.13 million in Q1 2018

2018-04-30

According to the financial statements of Jerusalem Real Estate Investment JREI for the first quarter of 2018, Net Loss after tax of the period reached (132,788) USD Compared with Net Loss after tax (75,307) USD for 2017, a net increase in loss of 76.33%.Total assets of the company reached 12,442,779 USD compared with total assets of 12,372,858 USD at the end of year 2017, a net increase of 0.57%.Total liabilities of the company reached 4,266,805 USD compared with total liabilities of 4,295,295 USD at the end of year 2017, a net decrease of 0.66%. Net ownership equity of the company reached 8,175,974 USD compared with total owner equity of 8,077,563 USD at the end of year 2017, a net increase of 1.22%.