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JREI realizes net loss of $0.03 million in Q1 2021

2021-06-01

According to the financial statements of Jerusalem Real Estate Investment Company JREI for the 1st Quarter of 2021, Net Loss after tax of the period reached (27,650) USD Compared with Net Loss after tax (31,940) USD for 2020, a net decrease in loss of 13.43%.Total assets of the company reached 11,206,260 USD compared with total assets of 11,009,517 USD at the end of year 2020, a net increase of 1.79%.Total liabilities of the company reached 3,582,604 USD compared with total liabilities of 3,408,211 USD at the end of year 2020, a net increase of 5.11%. Net ownership equity of the company reached 7,623,656 USD compared with total owner equity of 7,601,306 USD at the end of year 2020, a net increase of 0.29%.