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JREI posts net income of $0.009 million in H1 2023

2023-08-17

According to the financial statements of Jerusalem Real Estate Investment Company JREI for the first half of 2023, Net profit after tax of the period reached 9,616 USD Compared with Net profit after tax 48,859 USD for 2022, a net decrease in profit of 80.32%.Total assets of the company reached 12,756,804 USD compared with total assets of 12,877,689 USD at the end of year 2022, a net decrease of 0.94%.Total liabilities of the company reached 5,048,622 USD compared with total liabilities of 5,140,186 USD at the end of year 2022, a net decrease of 1.78%. Net ownership equity of the company reached 7,708,182 USD compared with total owner equity of 7,737,503 USD at the end of year 2022, a net decrease of 0.38%.