Online car classifieds business iCar Asia says it has enjoyed a strong quarter.
iCar Asia, which is listed on the Australian share market, says its cash collections totalled $1.84 million in the three months to December 31.
Collections for the 2015 fiscal year hit a record $6.20 million, up 113 per cent from last year's figures, the Malaysian based online automotive business said.
The company said it finished 2015 with $18.51 million in cash and cash equivalents.
Chief executive officer Damon Rielly said the fourth quarter capped off an enormously successful year for iCar Asia.
"The results underline the strength of iCar Asia's market leading positions in the Association of Southeast Asian Nations' three largest automotive markets," he said.
iCar said its online classifieds reach more than 6.1 million car buyers and sellers in Malaysia, Indonesia and Thailand every month.
Australian online automotive portal Carsales.com owns a stake in iCar.
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