Jerusalem Real Estate Investment Co. announced unaudited earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported total revenues were $123,733 compared to $114,256 a year ago.

Net loss before Income Tax was $314,515 compared to $1,192,719 a year ago. Net loss from Continuous Operations was $314,515 compared to $1,192,719 a year ago. Net loss was $314,515 compared to $1,189,299 a year ago.

LPS was $0.0315 compared to $0.1189 a year ago. Net Cash used in Operating Activities was $115,686 compared to $311,448 a year ago. Purchases of Property, Plant, and Equipment were nil compared to $8,486 a year ago.

Book Value per Share was $0.911 compared to $0.916 a year ago. Return on Assets was negative of $0.021% compared to negative of $0.078% a year ago. Return on Equity was negative of $0.035% compared to negative of $0.13% a year ago.