Jerusalem Real Estate Investment Announces Audited Earnings Results for the First Half of 2018
Jerusalem Real Estate Investment announced audited earnings results for the first half of 2018. For the half year, the company reported, projects operating revenues of $101,129 against nil for the same period a year ago. Net loss before tax was $212,528 against $170,387 for the same period a year ago. Net income after tax was $212,528 against $170,387 for the same period a year ago. Basic and diluted earnings per share were $0.021 against basic and diluted loss per share of $0.017 for the same period a year ago. Net cash flow from operating activities was $191,401 against $145,197 for the same period a year ago. Purchase of property, plant and equipment was $1,868 against $119 for the same period a year ago.