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JREI realizes net loss of $0.28 million in 2019

2020-02-16

According to the financial statements of Jerusalem Real Estate Investment JREI for the year 2019, Net Loss after tax of the period reached (281,582) USD Compared with Net Loss after tax (39,498) USD for 2018, a net increase in loss of 612.90%.Total assets of the company reached 10,705,080 USD compared with total assets of 10,620,264 USD at the end of year 2018, a net increase of 0.80%.Total liabilities of the company reached 3,004,172 USD compared with total liabilities of 2,523,396 USD at the end of year 2018, a net increase of 19.05%. Net ownership equity of the company reached 7,700,908 USD compared with total owner equity of 8,096,868 USD at the end of year 2018, a net decrease of 4.89%.