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JREI posts net income of $0.001 million in Q1 2022

2022-05-16

According to the financial statements of Jerusalem Real Estate Investment Company JREI for the 1st Quarter of 2022, Net profit after tax of the period reached 1,212 USD Compared with Net Loss after tax (27,650) USD for 2021.Total assets of the company reached 12,567,898 USD compared with total assets of 12,384,308 USD at the end of year 2021, a net increase of 1.48%.Total liabilities of the company reached 4,865,200 USD compared with total liabilities of 4,697,822 USD at the end of year 2021, a net increase of 3.56%. Net ownership equity of the company reached 7,702,698 USD compared with total owner equity of 7,686,486 USD at the end of year 2021, a net increase of 0.21%.