NasdaqGS:VFSAuto
VinFast (VFS) Is Down 10.9% After Q3 Losses Surpass Estimates Despite Strong EV Delivery Growth
VinFast Auto Ltd. recently announced its third-quarter 2025 financial results, revealing a year-over-year revenue increase of 46.8% and a 74% growth in electric vehicle deliveries, but reported a quarterly net loss that exceeded analyst estimates and elevated concerns over cash reserves relative to long-term debt.
Despite surpassing 100,000 vehicle sales in Vietnam within nine months, a first for any automaker in the country, the company’s persistent losses and rapid cash consumption have...