Bulletin Updates

Confidence Petroleum: Singed by COVID-19 – 8 Sep 2021

Sep 08, 2021

Confidence Petroleum, which operates in the crowded packed LPG cylinder market, was not treated well by COVID-19.

The top line fell precipitously and the company escaped red ink on its balance sheet by a hair's breadth

But the company chairman says, “When going gets tough, the tough gets going”

Is this sheer bravado, or there is mettle behind these words?

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