Jerusalem Real Estate Investment Company PLC reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported projects operating revenue was USD 51,313 against USD 18,061 a year ago. Net loss before tax was USD 132,788 against USD 75,307 a year ago. Net loss after tax was USD 132,788 or 0.013 cents per basic and diluted share against USD 75,307 or 0.002 cents per basic and diluted share a year ago. Net cash flow used in operating activities was USD 14,431 against net cash flow from operating activities of USD 243,151 a year ago.