Jerusalem Real Estate Investment Co (JREI) posted its preliminary financials to Palestine Exchange (PEX) for the fiscal year 2014, during which it reported a loss decline by 45.8% to $966.8 THD compared to $1.78 million during the fiscal year 2013.
Financials showed a drop by 16.1% in the company’s total assets to $13.58 million by the end of 2014, compared to $16.19 million by the end of 2013.
During the first half of 2014, JREI’s loss plunged to $314.515 THD compared to $1.190 million during the same period of 2013.
