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JREI posts net income of $0.02 million in Q1 2023

2023-05-17

According to the financial statements of Jerusalem Real Estate Investment JREI for the 1st Quarter of 2023, Net profit after tax of the period reached 20,493 USD Compared with Net profit after tax 1,212 USD for 2022, a net increase in profit of 1590.84%.Total assets of the company reached 12,886,199 USD compared with total assets of 12,877,689 USD at the end of year 2022, a net increase of 0.07%.Total liabilities of the company reached 5,132,703 USD compared with total liabilities of 5,140,186 USD at the end of year 2022, a net decrease of 0.14%. Net ownership equity of the company reached 7,753,496 USD compared with total owner equity of 7,737,503 USD at the end of year 2022, a net increase of 0.21%.