VinFast Auto Q1 Loss Widens, Revenue Increases

MT Newswires Live06-08

VinFast Auto (VFS) reported a Q1 net loss Monday of 11,994 Vietnamese dong ($0.46) per diluted share, widening from a loss of 7,556 dong a year earlier.

Total revenue for the quarter ended March 31 was 23.111 trillion dong, up from 16.306 trillion dong a year earlier.

Shares of the company were down 4.1% in Monday's premarket activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment