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Massy Holdings expands capacity of gas operation in Jamaica

Massy Holdings, has expanded the capacity of its gas operations in Jamaica, a move which the company says is aimed at offering more competitive prices. 
 
At the same time, the company is reporting that the cross-listing of its shares on the Jamaica Stock Exchange in January has increased local share ownership close to 90-fold.
 
Massy, a major supplier in Jamaica of LPG cooking gas, is also evolving as a fuel source for motor vehicles.
 
The Jamaica gas operations earned revenues of US $27 million in the quarter, or 23% of the group's gas revenues, which totalled US $117 million in the quarter.
 


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