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JREI realizes net loss of $0.15 million in Q1 2019

2019-05-02

According to the financial statements  of Jerusalem Real Estate Investment Company JREI for the 1st Quarter of 2019, Net Loss after tax of the period reached (150,534) USD Compared with Net Loss after tax (132,788) USD for 2018, a net increase in loss of 13.36%.Total assets of the company reached 10,656,156 USD compared with total assets of 10,620,264 USD at the end of year 2018, a net increase of 0.34%.Total liabilities of the company reached 2,622,000 USD compared with total liabilities of 2,523,396 USD at the end of year 2018, a net increase of 3.90%. Net ownership equity of the company reached 8,034,156 USD compared with total owner equity of 8,096,868 USD at the end of year 2018, a net decrease of 0.77%.