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JREI realizes net loss of $0.17 million in H1 2019


According to the financial statements of Jerusalem Real Estate Investment JREI for the first half of 2019, Net Loss after tax of the period reached (168,544) USD Compared with Net Loss after tax (212,528) USD for 2018, a net decrease in loss of 20.70%.Total assets of the company reached 10,607,934 USD compared with total assets of 10,620,264 USD at the end of year 2018, a net decrease of 0.12%.Total liabilities of the company reached 2,743,987 USD compared with total liabilities of 2,523,396 USD at the end of year 2018, a net increase of 8.74%. Net ownership equity of the company reached 7,863,947 USD compared with total owner equity of 8,096,868 USD at the end of year 2018, a net decrease of 2.88%.



Al-Quds Index in a narrow range with the approaching end of 2022

The PEX records average PE of 12.4x and average P/BV of 1.51x in 9M 2022



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