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

2010-04-29

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.