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VinFast Auto (VFS) Reports Q2 Loss of $0.23/sh, EV Deliveries at 9,535; Guides FY Deliveries of 40K-50K;

September 21, 2023 6:24 AM EDT
(Updated - September 21, 2023 6:27 AM EDT)

VinFast Auto (NASDAQ: VFS) Q2 EV Deliveries at 9,535

  • E-scooters deliveries were 10,182.
  • Total revenues were VND7,952,531M ($334.1M), an increase of 131.2% from the Q2 of 2022.
  • Guides FY vehicle deliveries of 40,000-50,000
  • On track to commence delivery of VF 9 in North America and VF 6 in Vietnam by end of this year
  • VF 7 and VF 3 expected to commence deliveries in 2024
  • Q2 basic and diluted net loss per ordinary share/ads were both VND5,431 ($0.23).


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