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JREI realizes net loss of $0.19 million in 9M 2019

2019-11-06

According to the financial statements of Jerusalem Real Estate Investment Company JREI for first nine months of 2019, Net Loss after tax of the period reached (188,133) USD Compared with Net Loss after tax (258,102) USD for 2018, a net decrease in loss of 27.11%.Total assets of the company reached 10,848,715 USD compared with total assets of 10,620,264 USD at the end of year 2018, a net increase of 2.15%.Total liabilities of the company reached 3,051,635 USD compared with total liabilities of 2,523,396 USD at the end of year 2018, a net increase of 20.93%. Net ownership equity of the company reached 7,797,080 USD compared with total owner equity of 8,096,868 USD at the end of year 2018, a net decrease of 3.70%.