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Jerusalem Real Estate Investment JERI earns a pretax income of $0.102 million in the first quarter of 2010


Jerusalem Real Estate Investment JREI  disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated a pretax income of $ 102,723 comparing to $ 142,199 in the first quarter of 2009. The company’s assets reached $ 14,090,128 at the end 31/03/2010 after they reached $ 13,708,777 on 31/12/2009. Total liabilities reached $ 3,313,416 at the end of the first quarter of 2010 comparing to $ 3,137,300 as of 31/12/2009. Shareholders’ equity reached $ 10,776,712 on 31/03/2010 after they reached $10,571,477 at the end of 2009.


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