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.