Firestar Diamond, Fantasy record combined $143,994 net loss for June

By Caroline Salls

Pittsburgh, July 17 – Firestar Diamond Inc. and Fantasy Inc. reported a combined $143,994 net loss for June on $86,359 in net revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, Firestar and Fantasy posted a combined $116,121 net loss for May on $5,219 in net revenue.

The companies had $7.39 million in unrestricted cash and equivalents as of June 30, down from $7.51 million at the end of May.

Firestar Diamond is a subsidiary of Mumbai-based diamond manufacturer Firestar International Pvt. Ltd. The company filed for bankruptcy on Feb. 26, 2018 under Chapter 11 case number 18-10509.

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