Meanwhile, at the Shi Corporation…
Shi Fan Hai sat restlessly on his leather chair behind his humungous desk. It was turned around, and he was facing the window behind his desk.
He had seen the quarterly report. For two consecutive quarters, all he could see were bright red figures! It meant loss of money and opportunity. They were losing big time, and fast.
At first their margins were only thinning out, until it dipped onto the negative region. It would be fine if their financing partners would not be affected as well.
What more of a devastating news could they receive than a notice from the banks?
Yes, the banks that were their partners in their sourcing strategy of their petroleum products had seen the losses on the previous quarter as well the current, since they were required to submit their financial statement.
