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JREI realizes net loss of $0.16 million in 2024

2025-02-18

According to the financial statements of Jerusalem Real Estate Investment JREI for the year 2024, Net Loss after tax of the period reached (155,431) USD Compared with Net Loss after tax (126,141) USD for 2023, a net increase in loss of 23.22%.Total assets of the company reached 11,721,618 USD compared with total assets of 12,026,892 USD at the end of year 2023, a net decrease of 2.54%.Total liabilities of the company reached 4,470,884 USD compared with total liabilities of 4,504,217 USD at the end of year 2023, a net decrease of 0.74%. Net ownership equity of the company reached 7,250,734 USD compared with total owner equity of 7,522,675 USD at the end of year 2023, a net decrease of 3.62%.Noting that paid-in capital decreased from 10,000,000 USD in year 2023 to 8,000,000 USD of this year,a net decrease of 20.00%