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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