Carsome posts robust 3Q financial performance


Carsome has strengthened strategic partnerships and introduced innovative solutions to further reinforce its market position.

PETALING JAYA: Carsome Group Inc stated its earnings before interest, taxes, depreciation and amortisation (Ebitda) grew threefold in the third quarter of financial year 2024 (3Q24), driven by stronger operational performance.

In a statement, the integrated car eCommerce platform stated it made a total revenue of over US$305mil for the quarter amid a 20% decline in the total industry volume for new car sales in September.

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