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JREI realizes net loss of $0.04 million in 2020

2021-02-15

According to the financial statements of Jerusalem Real Estate Investment JREI for the year 2020, Net Loss after tax of the period reached (39,719) USD Compared with Net Loss after tax (281,819) USD for 2019, a net decrease in loss of 85.91%.Total assets of the company reached 11,009,517 USD compared with total assets of 10,704,850 USD at the end of year 2019, a net increase of 2.85%.Total liabilities of the company reached 3,408,211 USD compared with total liabilities of 3,004,179 USD at the end of year 2019, a net increase of 13.44%. Net ownership equity of the company reached 7,601,306 USD compared with total owner equity of 7,700,671 USD at the end of year 2019, a net decrease of 1.29%.