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JREI realizes net loss of $0.03 million in Q1 2020

2020-05-17

According to the financial statements of Jerusalem Real Estate Investment JREI for the 1st Quarter of 2020, Net Loss after tax of the period reached (31,940) USD Compared with Net Loss after tax (150,534) USD for 2019, a net decrease in loss of 78.78%.Total assets of the company reached 10,503,104 USD compared with total assets of 10,704,850 USD at the end of year 2019, a net decrease of 1.88%.Total liabilities of the company reached 2,874,373 USD compared with total liabilities of 3,004,179 USD at the end of year 2019, a net decrease of 4.32%. Net ownership equity of the company reached 7,628,731 USD compared with total owner equity of 7,700,671 USD at the end of year 2019, a net decrease of 0.93%.