Pacific Star Development concludes 18M ended June at $8.4 mil after business model restructuring

By Michelle Zhu / The Edge Singapore | August 27, 2018 10:51 AM SGT
SINGAPORE (Aug 27): Pacific Star Development, formerly known as LH Group, announced $8.4 million in earnings for the 18 month period ended June 2018 (18M17), up 12% from the 12 months ended June 2016 on higher revenue.
This comes after the successful restructuring of its business model to focus on real estate development following a $140 million reverse takeover (RTO).
The company last year announced a change of its financial year end to June 30 from Dec 31 previously.
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