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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Tue, 26.11.2024       VinFast Auto
SGXZ55111462

SINGAPORE, Nov. 26, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the third quarter ending September 30, 2024.

VinFast reported strong third-quarter results, delivering 21,912 vehicles, a 115% year-over-year increase. Revenue reached US$511.6 million, up 49.3% year-over-year.The Company became the top-selling automotive brand in Vietnam for September, October, and for the first ten months of 2024 while continuing to make strides in its global expansion.VinFast remains committed to its growth strategy and has secured capital commitments to support its expansion plans. The Company is focused on balancing revenue growth and optimizing costs.
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